Bharat Forge to acquire 30% stake in Fortuna Engineering for ₹130 crore
Global metal forging company Bharat Forge Ltd on Thursday (April 30) said it has signed a Share Purchase Agreement (SPA) and Shareholders’ Agreement (SHA) to acquire a 30% equity stake in Fortuna Engineering Private Ltd for an aggregate consideration of ₹129.60 crore, through a cash transaction. The company also retains an option to acquire an…
