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Mergers & Acquisitions | 16 March 2012

Trent Ltd To Raise R250Cr Via QIP

by Charmi Gutka
Trent Ltd To Raise R250Cr Via QIP
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Tata Group's Trent 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 Pharma Sells Chennai Property For R29Cr

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

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World Bankā€™s Investment Arm IFC to Invest $20 Million in Future Consumer Enterprise

World Bankā€™s Investment Arm IFC to Invest $20 Million in Future Consumer Enterprise

International Financial Corp (IFC), the private lending arm of the World Bank, has revealed that it intends to invest in two leading Bangladeshi companies. The aim is to give impetus to the government’s efforts to upgrade Bangladesh’s infrastructure and expand its exports.

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