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DEBT | 3 February 2012

Snowman Logistics To Raise $6.5Mn Debt From IFC

by Irfan Khan
Snowman Logistics To Raise $6.5Mn Debt From IFC
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@Snowman_Logistics is raising $6.5Mn long term debt from IFC for expanding it's storage facilities across the country.

Snowman Logistics has outlayed a capex plan of about $28Mn for expanding it's storage facilities in various locations across India.

ThyssenKrupp Elevator Acquires 25% Stake In Eros Elevators

ThyssenKrupp Elevator Acquires 25% Stake In Eros Elevators

ThyssenKrupp Elevator AG has formed a JV with Mumbai based Eros Elevators & Escalators Private Limited by acquiring 25.1% of its shares through its subsidiary - ThyssenKrupp Elevator India Private Limited.

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Johnson&Johnson To Sell Off Its Two FMCG Brands

Johnson&Johnson To Sell Off Its Two FMCG Brands

Johnson&Johnson is planning to sell of its two FMCG brands which include Savlon antiseptic soap and liquids, and Shower to Shower talcum powder brands in India for a consideration value of above INR 3000 Mn.

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