Actis to buy India lighting business from Halonix
Actis is set to buy the loss-making general lighting division of its portfolio company Halonix, a manufacturer of compact fluorescent lamps for general lighting and halogen lamps for automotives.
According to a filing, the business will be transferred into a subsidiary - Halonix Technologies - which will be bought by Argon South Asia and Argon India, both entities affiliated to Actis. Halonix...
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