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Siemens buys Indian electrification company C&S Electric in $296 million deal

Updated : January 25, 2020 12:09 PM IST

The acquisition will also provide Siemens a launchpad to export products to other Asian countries.
Siemens will buy around 99 percent of the equity share capital under the agreement.
Siemens buys Indian electrification company C&S Electric in $296 million deal

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