022 24172311
Sections
Search
Subscribe
DealCurry
Equity
Venture Capital
Private Equity
M&A

Mergers & Acquisitions | 17 January 2011

Founder Vishal Gondal May Buyback The Stake In Indiagames From UTV

by Charmi Gutka
Founder Vishal Gondal May Buyback The Stake In Indiagames From UTV
Share on Social Media Email Facebook Twitter Linkedin
 
@Charmi

Founder of Indiagames Limited Vishal Gondal, along with existing investors Cisco and Adobe are planning to buy back the stake in the company from UTV Software Communications Ltd for around$80- 100 Mn.

In 2006, UTV invested Rs. 68 Cr to acquire 51% stake in the company and later increased it to 58%, to enter into mobile gaming segment.

Transaction Reference: Business Standard


{TAG_10142_1295247557}

Shapoorji Pallonji Sells Andhra Pradesh Biotech Park to US-Based Alexandria

Shapoorji Pallonji Sells Andhra Pradesh Biotech Park to US-Based Alexandria

Shapoorji Pallonji Group has exited from Shapoorji Pallonji Biotech Park, located at Genome Valley in Andhra Pradesh, to US-based Alexandria Real Estate Equities Inc.Shapoorji Pallonji Group's lack of expertise in the technology-intensive ...

Read More...

Rupert Murdoch's News Corp Acquires BigDecisions.com

Rupert Murdoch's News Corp Acquires BigDecisions.com

Rupert Murdoch controlled media firm, News Corporation has acquired Mumbai based BigDecisions, a financial planning portal. The financial details of the deal remain undisclosed.

Read More...