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Anchor Electricals

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Anchor bought by Matsushita Electric

Indiaretailing Bureau -
Anchor Electricals, India's biggest electrical major, will be a subsidiary of Matsushita Electric Works from now on. Matsushita Electric Works, the Japanese electrical giant and also the owner of National Panasonic, has bought 80 per cent stake in Anchor...
Retail

Schneider to buy Anchor Electricals

Indiaretailing Bureau -
Schneider Electricals SA, the French electrical giant, is said to be in the final stages of negotiations with Anchor Electricals. It has taken about eight months of negotiations between the parties to agree a proper price of the stakes....
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