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Chembond Chemicals has entered into an agreement to acquire the equity shares of Chembond Solenis Water Technologies (CSWTL) from Solenis Netherlands B.V., making CSWTL a wholly owned subsidiary.
“the Company has entered into an agreement to acquire the equity shares of Chembond Solenis Water Technologies (CSWTL) (subsidiary company) from Solenis Netherlands B.V.”business-standard.com
Summarized from public sources; check the original articles before acting on it.