Dixon to buy over 50% stake in Transsion's manufacturing unit
Financial Express Mumbai|April 10, 2024
CONTRACT MANUFACTURER DIXON Technologies has entered into a share purchase agreement to acquire a majority stake in Ismartu India, a manufacturing unit of Chinese phone maker Transsion Holdings, in two tranches.

In the first tranche, Dixon will spend about ₹238.36 crore to acquire 13.8 million equity shares of face value of 10 each, representing a 50.10% stake in Ismartu India, through its shareholders Ismartu Singapore, Transsion Technology and 5A Advisors.

The second tranche will see Dixon acquiring an additional stake between 1.60% and 5.90% in Ismartu India from Ismartu Singapore, subject to the manufacturing unit achieving a profit after tax of ₹200 crore in FY26, it said in an exchange filing on Monday.

この記事は Financial Express Mumbai の April 10, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の April 10, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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