Temasek eyes Crompton Greaves' fan biz

Temasek eyes Crompton Greaves' fan biz

Consumer Fan visual from the Crompton Greaves

Singapore state fund Temasek Holdings is a frontrunner to buy a $200-million stake in the about to be demerged consumer products business of India-based Crompton Greaves, which is controlled by billionaire Gautam Thapar, a media report said, quoting ‘multiple sources directly familiar with the matter’.

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