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China’s Sany Heavy is considering stake sale in India business
Sany Heavy Industry Co. is contemplating selling a stake in its Indian business. The company has consulted advisors and potential investors, including Indian tycoons, as part of early-stage discussions. This move comes amid rising investor interest and an all-time high Indian stock market. Sany Indias facility in Pune manufactures construction equipment and has a significant dealer network.
Sany Heavy Industry Co. is contemplating selling a stake in its Indian business. The company has consulted advisors and potential investors, including Indian tycoons, as part of early-stage discussions. This move comes amid rising investor interest and an all-time high Indian stock market. Sany Indias facility in Pune manufactures construction equipment and has a significant dealer network.
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