Hitachi to buy Thapar stake in Crompton Greaves

Japan, Tokio: Hitachi has emerged as the front-runner to buy the promoter’s stake in Crompton Greaves, owned by billionaire Gautam Thapar, two sources familiar with the development said.

“Given the pace of discussion, it appears Hitachi and Thapars would enter into formal agreement soon.” one of the two sources said.

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