05
May
Ahmedabad (Gujarat) [India], May 5: Empower India Limited (BSE – 504351, NSE – EMPOWER), a company traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), is pleased to announce the signing of a term sheet for the proposed acquisition of a majority stake in MABIL, a prominent UAE-based entity. The transaction is structured as a strategic cross-border acquisition to be executed through a share swap arrangement. This all-equity structure is designed to align the longterm interests of both entities, resulting in a unified ownership framework upon completion. Strategic Rationale and Market Expansion This acquisition marks…
