Perma-Pipe Subsidiary Agrees to Acquire 51% Stake in Welspun Coating Venture
Perma-Pipe Qatar agreed to acquire a 51% equity interest in newly formed Welspun Special Coating Private Limited.
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05:19:22 PM UTC
SquawkNews
Perma-Pipe Qatar agreed to acquire a 51% interest in newly formed Welspun Special Coating Private Limited, which will provide internal fusion-bonded epoxy coating and related services in India. No transaction value or timing was provided.Material DetailsContext by AI AnalystThis is an early-stage e…
05:21:36 PM UTC
SquawkNews
Perma-Pipe: WCL Will Also Acquire Remaining 49% From WDI
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH), a global leader in engineered piping and corrosion protection solutions, today announced that its subsidiary, Perma-Pipe Qatar, has agreed to acquire a 51% equity interest in Welspun Special Coating Private Limited (“WSCPL”), a newly formed com…