Siemens purchase India’s C&S Electric for $294m
Siemens has signed a deal to acquire C&S Electric, one of India’s leading providers of electric equipment for power generation, T&D and infrastructure. New Delhi-based C&S Electric will be bought for around $294m in an agreement that comprises its low-voltage switchgear components and panels, low and medium-voltage power busbars, plus its protection and metering businesses. Siemens says th ...
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