AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
INDIA'S SINTEX ACQUIRES 90 PCT STAKE IN GERMAN FIRM FOR US$55.5 MLN.
MUMBAI, Aug 1 Asia Pulse - Plastic products maker Sintex Industries (BSE:502742) on Thursday said it has acquired 90 per cent stake in German-based Geiger Technik GMBH for Euro 35.6 million (US$55.5 million), a move that would help the company in enhancing its presence in the European market.
"The acquisition offers Sintex a strategic market entrance in Germany which is the capital of the European automotive market. Besides, Geiger's manufacturing base in Poland also makes it very competitive. We now have presence in both France and Germany which are very crucial Original Equipment Manufacturer bases," Sintex Industries Managing Director Amit Patel said.
The acquisition was carried out through its Netherlands-based wholly ...
- Sintex Industries Q3 net up at Rs 71-cr.
- News wire article from: PTI - The Press Trust of India Ltd. January 10, 2009 700+ words
Sintex Industries Q3 net up at Rs 71-cr Mumbai...PTI) -- Plastics product maker Sintex Industries today said its consolidated net...filing to the Bombay Stock Exchange, Sintex Industries informed that it had a net profit...
- Sintex Industries Q3 PAT up 27 pc; eyes inorganic growth opp.
- News wire article from: PTI - The Press Trust of India Ltd. January 10, 2007 700+ words
Sintex Industries Q3 PAT up 27 pc; eyes inorganic...Plastic and textile manufacturer, Sintex Industries Ltd today posted a 26.9 per...inorganic opportunities for growth," Sintex Industries Managing Director Amit Patel said...
- Sintex Industries eyes acquisitions in domestic market.
- News wire article from: PTI - The Press Trust of India Ltd. January 15, 2007 700+ words
Sintex Industries eyes acquisitions in domestic market New Delhi, Jan 15 (PTI) Ahmedabad-based Sintex Industries Ltd, manufacturers of plastic products, is eyeing acquisitions in the domestic market, up to Rs 225 crore, as it expands its...
- Sintex Industries allots 7.17 lakh shares upon FCCB conversion.
- News wire article from: PTI - The Press Trust of India Ltd. April 10, 2006 700+ words
Sintex Industries allots 7.17 lakh shares upon FCCB conversion Mumbai, Apr 10 (PTI) Sintex Industries Ltd has allotted 7,17,394 equity shares upon conversion of Foreign Currency Convertible Bonds (FCCBs). Post allotment the company...
- Mumbai, Oct 10 (PTI) Sintex Industries today reported a 120 per cent rise in...
- News wire article from: PTI - The Press Trust of India Ltd. October 10, 2005 700+ words
Net sales during the quarter rose 35 per cent to Rs 178.41 crore from Rs 131.72 crore in the same period of 2004-05, the company said in a release here. (THROUGH ASIA PULSE)
- Mumbai, Sep 28 (PTI) Sintex Industries Ltd today said it has launched its...
- News wire article from: PTI - The Press Trust of India Ltd. September 28, 2005 700+ words
The five-year bonds will be listed on the Singapore Stock Exchange and are convertible at a conversion price of Rs 917.903 per share and carry a zero coupon with a yield to maturity set at 6.85 per cent, the company informed the Bombay Stock Exchange. JP Morgan is acting as the lead manager and
- Sintex acquires 90 pc stake in German firm for 35.6 mn Euro.
- News wire article from: PTI - The Press Trust of India Ltd. July 31, 2008 700+ words
...Manufacturer bases," Sintex Industries Managing Director Amit...wholly owned subsidiary Sintex Holdings B V, Sintex Industries said in a filing to the...Stock Exchange. While, Sintex Holdings acquired 90 per cent stake...
- A Bhattacharjee resigns from Merck as Director *.
- News wire article from: PTI - The Press Trust of India Ltd. March 3, 2009 700+ words
...Director. Matthews Intl hikes stake in Sintex Industries to 5.24 pc * Plastics product maker Sintex Industries today said Matthews International...shares worth Rs 7.80 crore of Sintex Industries. Prior to the aforesaid transaction...
Source: HighBeam Research, INDIA'S SINTEX ACQUIRES 90 PCT STAKE IN GERMAN FIRM FOR US$55.5 MLN.