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Friday, February 18, 2011

Konecranes Plc acquires 51% stake in WMI Cranes Ltd for INR 1,690 million

Feb 18 2011
M&A
Konecranes Plc acquires 51% stake in WMI Cranes Ltd  INR 1,690 million (EUR 28 million).

Oct 11 2010
Konecranes announced that it had entered into an agreement to acquire the Indian crane company WMI Cranes Ltd. Konecranes is acquiring WMI’s shares in two phases. In the first phase Konecranes acquired 51% stake for INR 1,690 million (EUR 28 million). In the second phase, estimated to take place later during 2011, Konecranes will acquires remaining 49% stake.

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HI I'am Baigalla Madhan behalf of (Universalfacts) My Blog, provides complete information of online financials data services which includes ,,, Private Equity (Asset Managers) (Investments), Venture Capital (Asset Managers) (Investments), M&A, IPO, Funds (Private Equity and Venture Capital Funds), Deals (Private Equity deals, Venture Financing Deals (series A to G), Strategic and M&A Deals), Limited Partners, Advisors Firms, Public Equity, Financials Reports...

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