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Tata company Voltas eyes Videocon's home appliances brand Kenstar

Tata company Voltas eyes Videocon's home appliances brand Kenstar

Friday, April 7, 2017, 11:07 AM

Engineering services provider and air conditioner maker Voltas, a part of the Tata Group, is evaluating a bid for Kenstar, the home appliances brand owned by the debt-laden Videocon Group. If the deal materialises, it will be the first acquisition under the new leadership at Bombay House, the storied HQ of the $103-billion Tata conglomerate.
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