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Standex International Corporation acquired the remaining 9.9% interest in India-based Narayan Powertech, a manufacturer of low and medium voltage instrument transformers, for approximately $64 million.
“Standex International Corporation today announced that it has acquired the remaining 9.9% interest in India-based Narayan Powertech (Narayan), a leading manufacturer of low voltage and medium voltage instrument transformers, for approximately $64 million.”barchart.com
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