Polycab India to Acquire 50% Stake in Ryker From Trafigura
The transaction is subject to fulfillment of certain conditions by both parties. May 4, 2020 Cable and wire manufacturer Polycab India Limited (PIL) has inked an agreement with Trafigura Pte Ltd of Singapore to buy 50% stake in Ryker Base Private Limited (Ryker), thereby terminating the existing joint venture (JV). The......