Empower India Limited announced on April 30, 2026, the signing of a term sheet for strategic cross-border acquisition of majority stake in UAE-based MABIL through share swap arrangement. The all-equity transaction aims to provide strategic market access in Middle East and enhance geographic presence. The acquisition remains subject to due diligence, definitive agreements, and regulatory approvals, with specific transaction details to be disclosed as the process progresses.
Empower India Limited Signs Term Sheet for Strategic Cross-Border Acquisition of UAE-Based MABIL
