Reporting by Nandan Mandayam in Bengaluru; Editing by Harikrishnan Nair
This week on Reuters
Link copied
India's Bharti Enterprises, Warburg to buy 49% of appliances maker Haier India.
deals & business :: 2025-12-24 :: source - reuters
By Reuters
(Reuters) - Sunil Mittal-led Bharti Enterprises and private equity firm Warburg Pincus will purchase a 49% stake in appliances maker Haier India from China's Haier Group, the companies said on Wednesday.
Haier Group will retain a 49% stake in the Indian entity, while employees will own the remaining 2%.
The companies did not disclose the deal value or valuation. However, Indian business daily Economic Times, citing industry executives, reported earlier in the day that Haier India was likely worth 150 billion rupees ($1.67 billion).
($1 = 89.8075 Indian rupees)
This week top market trends.
-
Britain's FTSE-100 index hits 10,000 mark for first time
2026-01-02 :: stock :: reuters -
Dollar makes soft start to 2026 after biggest annual drop in eight years
2026-01-02 :: foreign exchange :: reuters -
Final jobs report for 2025 set for release on Friday
2026-01-09 :: general :: yahoo finance -
Gold, Silver Jump as Venezuela Tensions Add to Geopolitical Risk
2026-01-05 :: commodities :: bloomberg -
Trump says he wants government to buy $200B in mortgage bonds in a push to bring down mortgage rates
2026-01-09 :: treasuries & bonds :: apnews
