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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Tata Electronics gets CCI's clearance to acquire majority stake in Pegatron India

The Competition Commission of India approved Tata Electronics' acquisition of a majority stake in Pegatron Technology India. Tata Electronics will also transfer TEL Components' business to Pegatron India. Pegatron India provides electronics manufacturing services for smartphones, including Apple's. Tata Electronics had previously acquired the iPhone unit of Wistron in Bangalore for USD 125 million in November 2023.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/tata-electronics-gets-ccis-clearance-to-acquire-majority-stake-in-pegatron-india/117038572
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