MoneyWorks4Me

3M Electro & Communication becomes 100% subsidiary of 3M India

28 Dec 2018 Evaluate

3M Electro & Communication India has become a 100% subsidiary of 3M India with effect from December 27, 2018 after payment of consideration and transfer of shares per the terms of the Share Purchase Agreement which has been completed on December 27, 2018. 

3M is fundamentally a science-based company. They produce thousands of imaginative products, and are a leader in scores of markets - from health care and highway safety to office products and abrasives and adhesives.

Peers
Company Name CMP
Grasim Industries 2903.05
DCM Shriram 1012.15
3M India 30605.30
Hindustan Foods 577.55
Balmer Lawrie & Co 159.05
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