Bharti-Warburg Pincus Acquire 49% Stake in Haier India
Bharti Enterprises and Warburg Pincus have jointly acquired a 49% stake in Haier India, with Haier Group retaining 49%. This strategic move aims to boost Haier India's growth and market presence through local manufacturing and innovation.
- Bharti Enterprises and Warburg Pincus collectively acquire 49% stake.
- China's Haier Group retains an equal 49% ownership in the Indian arm.
- The remaining 2% stake is held by Haier India's management team.
- Deal aims to accelerate Haier India's growth, local sourcing, and manufacturing.
- The strategic investment follows necessary regulatory approval from China.
- Undisclosed transaction value, with Haier India estimated at ₹15,000 crore.
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