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SYLVANIA INDIA
Havells to sell remaining 20% in Sylvania, exit global marketBesides, HHL, through its subsidiary Havells International Ltd, would transfer 100 per cent stake in Havells Sylvania Thailand Ltd to Felio...- Havells India to sell 80 per cent stake in SylvaniaHavells India, a maker of lighting and electrical products, has decided to sell 80% stake in European lighting systems and fixtures company...
- Havells shares surge 9% on Sylvania stake saleIn 2007, Havells had acquired Frankfurt-headquartered Sylvania for $300 million through its Dutch subsidiary Havells Netherlands.
- Havells to dilute majority stake in Sylvania to focus on domestic marketThe £443-million company is among the top 4 lighting brands in Europe and Latin America. Concord, Lumiance and Sylvania are some of its lea...
- Indian companies that may be affected due to weak euro after ECB moveWhile it is good news for the Indian markets, the move will lead to euro depreciation and thus hurt Indian companies that export to or have...
- Sylvania drags Havells India's overall growthWhile Havells India's domestic business is in formidable shape, subdued performance of its overseas business has been a drag on the company...
- Foreign brokerages bullish on Havells India, up target priceForeign brokerages have maintained a bullish stance on Havells India and upped their target price on the stock.
- Havells forms equal joint venture in China for energy efficient lightingHavells India has formed an equal joint venture with Shanghai Yaming Lighting Co in China to sell energy-efficient lighting products.
- Havells India Q1 net profit up 43% at Rs 80 croreHavells' consolidated Q1 net sales increased 15% at Rs 1,496 crore, as against Rs 1,304 crore during the same period of last financial year.
- Overseas arm to light up HavellsGiven the turnaround in its overseas subsidiary and the launch of new products in its consumer durable business, the company's stock may un...
- Havells puts European arm back in profit zoneElectrical equipment maker Havells India has turned around operations of its loss-making European subsidiary Havells Sylvania, three years ...
- Havells bets on Sylvania to light up brand imageIn India, Sylvania will focus on retail oriented brand play, and promote its other brands, Concord and Lumiance, with the architectural seg...
- Havells to launch Sylvania products in Africa by next yearElectrical products maker Havells today said it will launch the Sylvania brand, which it had acquired in 2007, in the African market next y...
- Havells to relaunch Sylvania brand in India after 17 yearsElectrical equipment maker Havells on Monday said it will relaunch 'Sylvania' brand in India, 17 years after it was discontinued.
- SLI Sylvania's lighting biz to give yields from 2010: HavellsElectrical equipment maker Havells India said it expects that the acquisition of Dutch firm SLI Sylvania's lighting business would start yi...
- Havells recasting overseas arm to cut cost, boost demandElectrical products maker Havells is restructuring operations of its overseas subsidiary Sylvania, the world’s fourth-largest lighting prod...
- Havell's sealed buyout of SLI SylvaniaThe co has completed the transaction of its $300 mn acquisition of US based SLI Sylvania.
- Havell’s to raise Rs 275 cr to part fund Sylvania buyHavell’s India is going to infuse about $65 million (Rs 275 crore) in the company through an equity issue to part fund the acquisition of S...
- Havell’s promoters to dilute stake to part-fund SLI buyHavell’s India is infusing about $65 million (Rs 275 crore) in the company through an equity issue to part-fund the acquisition of SLI Sylv...
- Havell’s to have 18 plants across globe after buyoutHavell’s India is buying Frankfurt-based SLI Sylvania’s lighting business for $300 million.
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