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Titagarh Wagons updates on plans for an overseas acquisition

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Capital Market

Bids for a Railway Rolling Stock manufacturing Company situated in Europe

Titagarh Wagons announced that following its efforts to increase its presence in the international markets, the Company's bid for acquisition as a going concern, of a Railway Rolling Stock manufacturing Company situated in Europe has been accepted by the Competent Authorities.

However, the said acceptance of the bid is subjected to fulfillment of certain conditions and the final outcome of the same will be known shortly.

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First Published: Jun 26 2015 | 6:10 PM IST

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