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India's Waaree Energies to merge Indosolar into company in near-$100 million deal

India's Waaree Energies NSE:WAAREEENER will merge group-firm Indosolar NSE:WAAREEINDO with the company in a deal worth 9.5 billion rupees ($99.23 million), the solar module manufacturers said on Wednesday.Under the merger, Indosolar shareholders will receive 1 share of Waaree Energies for every 11…

WAAREEENERWAAREEINDO

Under the merger, Indosolar shareholders will receive 1 share of Waaree Energies for every 11…