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L&L, SAM act on Fuji’s $100m buy of Peepul Capital’s Consul Neowatt Power

Japan’s Fuji Electric Co., Ltd. on Thursday said it has entered into an agreement to acquire 100% stake in Consul Neowatt Power Solutions Pvt Ltd (CNPS), a maker of uninterruptible power supply (UPS) systems. Fuji is acquiring the company from private equity investor Peepul Capital, which owned the company through its third fund, and other individual shareholders.
Mint

L&L Partners advised seller Peepul Capital led by a team of partner Rohan Shah and associate Sakshi Khare.

Shardul Amarchand Mangaldas and Anderson Mori & Tomotsune advised Fuji Electric.

2019-08-30

Deal value: INR 7200 million

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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