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Wednesday 21 September 2011

Voltas To Buy Wipro's Water Treatment Business

Voltas Ltd a Tata group co. is in advanced discussions to acquire soaps-to-software major Wipro's water purification and treatment business.  Wipro attempted selling other smaller businesses like baby diapers and vanaspati oil in recent past ,The sale of the water business could be Wipro's first divestment.

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