Transformers & Rectifiers India to acquire majority stake in Posco Poggenamp Electrical Steel

Transformers & Rectifiers India has signed a term sheet on November 12, 2024, to acquire a controlling stake in Posco Poggenamp Electrical Steel, a manufacturer of CRGO laminations and built-up cores for transformers.

“Transformers & Rectifiers India has decided to make a strategic investment in Posco Poggenamp Electrical Steel by acquiring a controlling stake.”capitalmarket.com

• 1 source
• capitalmarket.comTransformers & Rectifiers India to acquire majority stake in Posco Poggenamp Electrical Steel | Capital Market NewsNov 13, 2024

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