Epic Research

Wednesday, December 18, 2013

Epic Update : Alstom T&D India

AEpic Update Alstom T&D lstom T&D India has entered into an ‘Agreement for Sale’, with a large Indian Business Group company, for sale of its Bengaluru land for a total sale consideration of approximately Rs 120 crore. The sale is subject to the mutual satisfaction of terms, conditions and obligations mentioned in the agreement for sale and it is likely to be concluded upon execution of a ‘Sale Deed’ in three months’ time or earlier.

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