Carlyle-Backed Lighting Co. Pays $60M For Malaysian Peer
The all-cash deal transfers Davex Malaysia Sdn. Bhd. to GLC (Asia) Holdings Ltd., a General Lighting subsidiary, according to documents Davex's parent, Malaysian investment firm MWE Holdings Bhd., filed with the Bursa Malaysia.
“The [MWE] board believes that the proposed disposal is timely and provides the opportunity for...
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