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I.P.O. / Offerings | 29 June 2010

LGS Global To Raise $30 Mn For Acquisitions

by Irfan Khan
LGS Global To Raise $30 Mn For Acquisitions
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LGS Global Limited is raising upto $30 Mn by issuing FCCBs to fund it's acquisitions and expansion.

The company is conducting due diligence of two companies in the healthcare space. It has appointed Grant Thornton as an advisor.

LGS expects to acquire both the companies - one in US and the other in UK by September this year for a total consideration of $20 Mn.

Transaction Reference: BS


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