India Digest: Consul Neowatt, Prabhat Dairy, Vodafone Idea in M&A news

While Japan’s Fuji Electric is eyeing Consul Neowatt, Prabhat Dairy’s deal with Groupe Lactalis has got the competition panel’s approval. Also, Vodafone Idea is pushing for an equal stake in the proposed fibre optic JV with Airtel.

Japan’s Fuji Electric eyes majority stake in Consul Neowatt

Japanese firm Fuji Electric is in advanced talks  to acquire Peepul Capital-owned Consul Neowatt Power Solutions, for around $100 million (Rs 700 crore), according to a report in The Economic Times.

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