M&A

Empower India to buy UAE’s corp services player MABIL

BSE Announcement   MoneyControl  

Publicly listed, Mumbai-based sustainable energy solutions provider Empower India Ltd (EIL) is to acquire a majority stake in UAE-based MABIL through a share swap arrangement.MABIL (operating as Mabel Corporate Services FZE LLC) provides business formation and corporate support services. Empower India offers services in data centre infrastructure management and renewable energy generation.

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