+91 22 24172311
Sections
Search
Subscribe
Equity
Venture Capital
Private Equity
M&A
Mergers & Acquisitions | 5 May 2010

Jagran Prakash Buys Mid-Day's Publication Business

by Jarna Gandhi
 
@jarna
@Mid_Day Limited has sold its publication subsidiary Mid-Day Infomedia Ltd to @Jagran Limited in a share swap deal.

As part of the Scheme of Arrangement, the publishing business of Mid-Day Multimedia Ltd would be demerged and transferred to JPL.

For the demerged publication business, the MML Shareholder will receive 2 shares of JPL for every 7 shares held. The deal would result in an equity dilution of 4.9%.

@Singhi_Advisors were the sole advisors to the transaction.

Transaction Reference: DealCurry

IDFC To Sell $76mn Bonds

Infrastructure Development Finance Corp (IDFC) will sell five-year bonds to raise $76 mn (Rs. 340 crore) on May 10.

Read More...

Grocery E-Tailer BigBasket Plans PE Fund Raise

Bangalore based grocery e-tailer BigBasket is planning to raise around R300 Cr to expand its presence in Delhi, Chennai, Pune and Ahmedabad. It had recently raised $3 Mn from Singapore based investor.

Read More...
TL Home Search New Keet
CONTACT US
Info@DealCurry.com
+91 22 24172311
A 311, 3rd Floor, AntopHill Warehousing Company,
Near Dosti Acres
Wadala(E),
Mumbai 400037
   
 
CLIENTS
USEFUL LINKS
SOLUTIONS
Copyright © EagleEye Research & Media Pvt. Ltd. 2009 All Rights Reserved - Interactive multimedia analysis platform for financial markets.
Site map |Terms of Use |Privacy Policy
DealCurry tracks financial and corporate markets for events, interprets and integrates the information in our platform, providing premium data, news and analytics. DealCurry provides comprehensive coverage of the capital markets through an intuitive, user-friendly interface.