{"id":273275,"date":"2019-05-07T05:40:31","date_gmt":"2019-05-07T05:40:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=273275"},"modified":"2019-05-07T06:02:16","modified_gmt":"2019-05-07T06:02:16","slug":"cg-power-falls-after-hungarian-asset-sale-fails","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cg-power-falls-after-hungarian-asset-sale-fails\/","title":{"rendered":"CG Power falls after Hungarian asset sale fails"},"content":{"rendered":"<p>CG Power and Industrial Solutions Ltd&#8217;s shares fall by as much as 9.8 per cent to Rs 34, the company\u2019s worst day since February 26.<\/p>\n<p>The company said that it has terminated the divestment deal for some Hungarian assets owned by its unit. The deal with Hungary&#8217;s Ganz Villamossagi Zrt and Alester Holdings Limited included the divestment of assets and shares of company&#8217;s business in the country, except for its switchgear business.<\/p>\n<p>\u201cWe wish to inform you that certain conditions subsequent agreed to be performed between the parties have not been met,\u201d the company said in exchange filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CG Power and Industrial Solutions Ltd&#8217;s shares fall by as much as 9.8 per cent to Rs 34, the company\u2019s worst day since February 26. The company said that it has terminated the divestment deal for some Hungarian assets owned by its unit. The deal with Hungary&#8217;s Ganz Villamossagi Zrt and Alester Holdings Limited included the divestment of assets and shares of company&#8217;s business in the country, except for its switchgear business. \u201cWe wish to inform you that certain conditions subsequent agreed to be performed between the parties have not been met,\u201d the company said in exchange filing.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-273275","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/273275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=273275"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/273275\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=273275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=273275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=273275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}