Haier is seeking an Indian partner to sidestep regulatory hurdles, possibly diluting up to 49%. With Citi's guidance, the third-largest appliance firm in India aims for joint control and local management, setting the stage for a future local listing.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.