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Business Standard
Carborundum Universal jumps after inking pact to acquire Sillicon Carbide Products
Carborundum Universal (CUMI) rallied 4.03% to Rs 1530.75 after the company entered into share purchase agreement (SPA) to acquire 100% stake in Silicon Carbide Products (SCP), Inc. USA for total consideration of Rs 56 crore.
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Tue, Sep 17, 2024
Business Line
Carborundum Universal acquires 100% in US-based Silicon Carbide Products
CUMI plans to establish a wholly-owned subsidiary in the US, which will serve as the Special Purpose Vehicle for this acquisition
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Mon, Sep 16, 2024