# Baoding Tianwei Baobian Electric to sell 90% stake in Baobian India to Atlanta Electricals

Baoding Tianwei Baobian Electric (Baobian Electric) will transfer its 90% stake in Baobian-Atlanta Transformer India to Atlanta Electricals for 137 million yuan. The transaction follows a competitive bidding process where CG Power and Industrial Solutions had initially submitted the highest bid, but Atlanta Electricals exercised its preemptive right.

- Type: Acquisition
- Announced: 2025-05-29
- Where: India
- Value: $19.0M (137.0M CNY)
- Status: announced
- Capacity: 11,000 MVA per year
- Products: power transformers, reactors (220kV to 765kV)
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Atlanta Electricals Limited](https://endata.com/companies/15194.md) (acquirer)
- [CG Power and Industrial Solutions](https://endata.com/companies/16858.md) (partner)
- [Baoding Tianwei Baobian Electric Co., Ltd.](https://endata.com/companies/19634.md) (partner)
- [Baoding Tianwei Baobian Electric Co., Ltd.](https://endata.com/companies/19634.md) (target)
- [Atlanta Transformer India](https://endata.com/companies/85065.md) (target)

## Sources

- [stcn.com](https://www.stcn.com/article/detail/1851778.html), 2025-05-30: "交易后，上市公司将不再持有保变印度股权。"
- [marketscreener.com](https://www.marketscreener.com/quote/stock/BAODING-TIANWEI-BAOBIAN-E-6497577/news/Atlanta-Electricals-Limited-agreed-to-acquire-remaining-90-stake-in-Atlanta-Transformer-India-Co--50111960/), 2025-05-30: "Atlanta Electricals Limited agreed to acquire remaining 90% stake in Atlanta Transformer India Co., Ltd. from Baoding Tianwei Baobian Electric Co.,Ltd. for approximately CNY 140 million."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.