India plans strategic sale of Bharat Pumps & Compressors

The Indian government intends to divest 100 percent of Bharat Pumps & Compressors through a strategic sale with transfer of management control. The Cabinet cleared the sale in September 2016, and DIPAM is seeking advisors.

“The government intends to divest 100 per cent equity in Bharat Pumps & Compressors Ltd through strategic sale with transfer of management control.”timesofindia.indiatimes.com

• 1 source
• timesofindia.indiatimes.comGovt plans strategic sale of 3 PSUs, merger of 4 - Times of IndiaFeb 3, 2017

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