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Mergers & Acquisitions | 16 March 2012

Trent Ltd To Raise R250Cr Via QIP

by Charmi Gutka
 
@charmi

Tata Group's @Trent_Limited Limited is raising R250Cr through QIP. It will issue 2.74 Mn sharesof R10/- each at a price of R912 per share.

In April 2010, Trent raised $22Mn through private placement of secured redeemable non-convertible debentures.

Shasun Pharma Sells Chennai Property For R29Cr

Shasun Pharmaceuticals Limited has sold its Velachery land for R29Cr to ITC group, according to BL.

Read More...

Mahindra Holidays Acquires Covington S.a.r.l

Mahindra Holidays and Resorts India Limited, through its wholly owned subsidiary MHR Holdings (Mauritius) Limited has acquired 100% stake in Covington S.a.r.l, Luxembourg. The deal size was not disclosed.

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