Actis buys India lighting business from Halonix for $24m – update
Following an agreement in July to buy the general lighting division of portfolio company Halonix, Actis will pay an enterprise value of INR1.6 billion ($24 million) for the unit.
According to a filing the sale and transfer of the general lighting business to Argon South Asia and Argon India, both entities affiliated to Actis, concluded on August 30. The business manufactures...
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