Graphite India buys 46% stake in US-based General Graphene for $18.6m

Graphite India buys 46% stake in US-based General Graphene for $18.6m

Photo: Pixabay

Graphite India Ltd., the largest Indian maker of graphite electrodes, has acquired a 46 per cent stake in US-based General Graphene Corporation for $18.6 million (Rs132 crores) in an all-cash deal, the company said in a BSE announcement on Monday.

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