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…