google adsense check
Home INTERNATIONAL Carlyle Team to buy 20% stake in Piramal Pharma for in excess...

Carlyle Team to buy 20% stake in Piramal Pharma for in excess of Rs 3,700 cr

&#13
&#13
US-dependent Carlyle Team Inc would select up a 20 for each cent stake in Piramal Pharma for about $490 million (about Rs 3,700 crore), Piramal Enterprises claimed on Saturday.&#13
&#13
“… CA Clover Intermediate II Investments, an affiliated entity of CAP V Mauritius Ltd, an investment fund managed and recommended by affiliated entities of The Carlyle Group Inc has agreed to devote fresh new equity capital for a 20 for every cent stake in Piramal Pharma Ltd,” the Ajay Piramal-led business said in a regulatory filing.&#13
&#13
&#13
&#13
&#13
&#13
The believed equity capital investment for Carlyle’s 20 per cent stake in Piramal Pharma would sum to all-around $490 million, it reported.&#13
&#13
The closing total of equity investment will rely on the internet credit card debt, exchange rate and functionality against the pre-agreed conditions at the time of closing of the offer, it included.&#13

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Temporary-Prism Johnson Approves Divestment Of Raheja QBE General Insurance

Quick-Prism Johnson Approves Divestment Of Raheja QBE General Insurance

Covid-19, GST will be potential Harvard situation studies on failure: Rahul Gandhi’s dig at Centre

NEW DELHI: Congress chief Rahul Gandhi on Monday attacked the governing administration about rising coronavirus instances, expressing upcoming Harvard Business enterprise College case studies...

Siemens share price: Buy Siemens, goal price Rs 1,200: Chandan Taparia

Chandan Taparia of Motilal Oswal Securities has a buy call on Siemens Ltd. with a focus on price of Rs 1200.. The latest price...

For India Inc, FY21 is all about value rationalisation

MUMBAI: As highly expected, India Inc did not report any fireworks in the March quarter earnings. Some brilliant places in phrases of...

Recent Comments