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Black Box in Early Talks to Acquire Aeries Technology

Essar Group-backed Black Box is in early talks to acquire Nasdaq-listed Aeries Technology, sources told CNBC-TV18. The deal could value Aeries at $70–90 million; its structure, funding and timeline have not been finalized.

AERTBBOX

Essar Group-backed Black Box is discussing a potential acquisition of Nasdaq-listed Aeries Technology, sources told CNBC-TV18. The transaction could value Aeries at $70-90 million. The discussions remain at an early stage, the sources said. The structure, funding and timeline have not been finalised.

It is also not…