DBAG-controlled Pfaudler sells 17% stake in GMM Pfaudler for $160m
GMM Pfaudler Ltd (GMMP) said that American manufacturing firm Pfaudler Inc. has sold a stake of 17.32% in the company for INR 1,323 crores ($160 million) through bulk deals. Based in India, GMM Pfaudler is a publicly-listed provider of corrosion-resistant technologies, systems, and services. Pfaudler, which is controlled by Germany-based Deutsche Beteiligungs (DBAG)’s DB AG […]