SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sterlite Technologies signs definitive agreements to acquire Optotec S.p.A

03 Nov 2020 Evaluate

Sterlite Technologies (STL) has signed definitive agreements to acquire Optotec S.p.A, a leading Optical Interconnect Products Company based in Italy. The transaction is structured to acquire 100% of Optotec’s shareholding on closing at an enterprise value (EV) of 29 Million euros.

The deal will be financed by a mix of internal accruals and foreign currency debt instruments. The Closing of the transaction is subjected to customary regulatory approvals. The acquisition will create a solid springboard to offer a complete bouquet of solutions to customers across Europe, India and the Middle East.

Sterlite Technologies is an industry-leading integrator of digital networks.

Sterlite Tech. Share Price

551.25 26.25 (5.00%)
09-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Polycab India 9072.95
KEI Industries 5002.40
RR Kabel Ltd. 2205.90
Finolex Cables 1046.90
Precision Wire India 389.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: