{"id":950560,"date":"2025-07-29T08:07:57","date_gmt":"2025-07-29T02:37:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=950560"},"modified":"2025-07-29T08:25:42","modified_gmt":"2025-07-29T02:55:42","slug":"amber-group-buys-over-40-in-israels-unitronics","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/29\/amber-group-buys-over-40-in-israels-unitronics\/","title":{"rendered":"Amber Group buys over 40% in Israel&#8217;s Unitronics"},"content":{"rendered":"<p>New Delhi: Electronics manufacturer Amber Group has signed definitive agreements to take a 40.24% controlling stake in Israel-based Unitronics, a global player in industrial automations and control systems, for more than \u20b9400 crore. <\/p>\n<p>Amber&#8217;s electronics manufacturing subsidiary ILJIN Electronics will acquire 5,624,591 shares at NIS 27.75 per share for NIS 156 million (around \u20b9403 crore) in an all cash-deal. After the acquisition, ILJIN, together with joint chairman of Unitronics, will own a 45.13% stake in the company. No governmental or regulatory approvals are needed for the deal, Amber said in a stock exchange filing Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Electronics manufacturer Amber Group has signed definitive agreements to take a 40.24% controlling stake in Israel-based Unitronics, a global player in industrial automations and control systems, for more than \u20b9400 crore. Amber&#8217;s electronics manufacturing subsidiary ILJIN Electronics will acquire 5,624,591 shares at NIS 27.75 per share for NIS 156 million (around \u20b9403 crore) in an all cash-deal. After the acquisition, ILJIN, together with joint chairman of Unitronics, will own a 45.13% stake in the company. No governmental or regulatory approvals are needed for the deal, Amber said in a stock exchange filing Monday.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-950560","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/950560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=950560"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/950560\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=950560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=950560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=950560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}