Feb 12, 2019 10:28 AM IST | Energy
Energizer, Duracell eye stake in Eveready India, says report
Energizer is likely to face competition from rival Duracell International, owned by Warren Buffett's Berkshire Hathaway Inc, the report added. Energizer already owns the Eveready brand of batteries in the United States and China.
Private equity firms Blackstone and KKR & Co Inc, and Indian fund Kedaara are also expected to put in bids, according to the report.
All non-binding bids are expected to be submitted this week and the selected bidders will begin diligence following which a binding offer will be made, the report added.
Published Date: Feb 12th, 2019 10:28 AM | Updated Date: Feb 12, 2019 10:28 AM IST
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