Brief: Suprajit Engineering To Buy Halogen Bulb Manufacturing Facility From Osram India
03/06/2019 09:33
June 3 (Reuters) - Suprajit Engineering Ltd SUPE.NS :
* TO ACQUIRE HALOGEN BULB MANUFACTURING FACILITY FROM OSRAM
INDIA
* WITH ACQUISITION, SUPRAJIT'S HALOGEN BULB'S ANNUAL
CAPACITY WILL
INCREASE FROM 87 MILLION TO ABOUT 110 MILLION
* DEAL SEEN TO BE COMPLETED BY END-SEPT 2019; TO BE FUNDED
BY
INTERNAL ACCRUALS
Source text: http://bit.ly/2Z0pPms
Further company coverage: SUPE.NS
((Reuters.Briefs@thomsonreuters.com;))
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