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Sintex buys 81% stake in Wausaukee, US

Sintex Industries board of directors yesterday approved acquisition of 81% of the shareholding of Wausaukee Composites (WCI), a company organized under the laws of the State of Wisconsin, US by the company. According to a release issued by Sintex to the BSE today, the company has acquired 81% of the shareholding of WCI in the first tranche and the balance shareholding subsequently. Sintex Holding US, the subsidairy of Sintex has acquired the stake of WCI. […]