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Dixon to acquire 50% in Chinese mobile phone manufacturer Ismartu

Dixon to acquire 50% in Chinese mobile phone manufacturer Ismartu
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Dixon Technologies: Dixon to buy majority stake in Transsion manufacturing unit, ET Telecom

“Dixon Technologies (India) Limited has entered into a share purchase agreement with Ismartu In Pte. Limited (Ismartu Singapore), Transsion Technology Limited, 5A Advisors LLP and Ismartu India Private Limited (Ismartu) for the proposed acquisition of a majority stake constituting 50.10%,” Dixon said in a regulatory filing.

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