- Wealth PMS
CGCE is the demerged entity of Crompton Greaves. CG sold its power business overseas to a US private equity fund for an enterprise value of 115 million euros. It included its European, North American and Indonesian power transmission businesses to First Reserve International.
Post de-merger, shareholders of Crompton Greaves received resultant equity in company Crompton Greaves Consumer Electricals.
Vanguard Funds offloaded 7,073,364 shares representing 1.13% while Small Cap World Fund took on 5,320,816 shares or 0.85%.
Vanguard Funds held 6,508,668 shares or 1.04% on 30-Apr-16 as per the disclosure on this site.
Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.