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Private Equity | 26 March 2012

NSR Partners May Invest In Adigas Restaurant Chain

by Charmi Gutka
NSR Partners May Invest In Adigas Restaurant Chain
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New Silk Route Partners may invest in South Indian vegetarian restaurant and fast food chain - Adiga. The valuation could be about R200Cr.

According to ToI, post transaction, the PE investor could emerge as the largest shareholder but the promoter family would continue to manage the growing business.

The funds will be used for expanding it's network across the country.

Copthall Mauritius Acquires Additional Stake In LIC Housing

Copthall Mauritius Acquires Additional Stake In LIC Housing

Copthall Mauritius Investment Ltd has acquired additional stake in LIC Housing Finance through open market transaction from CLSA.

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Wipro Consumer Care To Buy Chinese FMCG Firm Zhongshan Ma

Wipro Consumer Care To Buy Chinese FMCG Firm Zhongshan Ma

Wipro Consumer Care & Lighting Ltd’s (WCCLG) Singapore arm is all set to buy the Chinese fast-moving consumer goods company, Zhongshan Ma Er Daily Products Ltd. The amount of the deal is not disclosed, however it is going to be an all-cash transaction.

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