Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

What topics does this article cover?

CROMPTON, Vanguard International

Vanguard offloads Crompton Greaves CE while Small Cap World Fund enters the stock

19 May 2016Aakash Agarwal1 min read

Quick Facts

What is "Vanguard offloads Crompton Greaves CE while Small Cap World Fund enters the stock" about?
What category is this article in?: Stocks
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 19 May 2016.
How long does this article take to read?: 1 min read
What topics does this article cover?: CROMPTON, Vanguard International
What does the "Disclaimer" section say?: Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

CGCE is the demerged entity of Crompton Greaves. CG sold its power business overseas to a US private equity fund for an enterprise value of 115 million euros. It included its European, North American and Indonesian power transmission businesses to First Reserve International.

Post de-merger, shareholders of Crompton Greaves received resultant equity in company Crompton Greaves Consumer Electricals.

Vanguard Funds offloaded 7,073,364 shares representing 1.13% while Small Cap World Fund took on 5,320,816 shares or 0.85%.

Vanguard Funds held 6,508,668 shares or 1.04% on 30-Apr-16 as per the disclosure on this site.

Vanguard

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.