Quality Power signs term sheet to acquire WSIL for Rs 315 crore
Quality Power Electrical Equipments Limited has executed a term sheet to acquire 100% of the equity share capital of Winwin Speciality Insulators Limited (WSIL), a Visakhapatnam-based manufacturer of high-voltage ceramic and polymeric insulators. The proposed transaction carries an enterprise value of around Rs 315 crore and is expected to be completed within three months, subject…