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Toshiba to buy Hyderabad-based Vijai Electricals

Posted: 13 Sep 2013  Print Version  Bookmark and Share

Keywords:Toshiba  acquisition  Vijay Electricals  transmission and distribution 

[Summary of tips] Toshiba Corporation has announced the acquisition of Hyderabad-based power and distribution transformer company Vijai Electricals Ltd. Toshiba buys the major part of Vijai's electricity transmission and distribution (T&D) business for about Rs.1,257.86 crore ($200 million).In parallel, Toshiba said it will establish a new compa......
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