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Mergers & Acquisitions | 2 April 2012

DMI Finance Acquires 16% In Alchemist ARC

by Irfan Khan
 
@irfan
@DMI_Finance has acquired 16% stake in @Alchemist_Asset. The terms of the transaction were not disclosed, however according to a report on ET, the deal size is estimated to be about R32Cr.

Alchemist ARC is in the business since 2002. It claims to have over 100 years of cumulative experience in the banking domain across international and domestic banks such as Citigroup, SBI, ICICI, Dhanalaxmi, and Bank of Tokyo- Mitsubishi.

Ad2c Acquires Gurgaon based Mobile Marketing Firm - Mobimasta

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KSS To Part Exit K Sera Sera Miniplex

KSS Limited is planning to divest 26% stake in its subsidiary in K Sera Sera Miniplex Limited by way of offer for sale at a total valuation of INR 2,000 Mn.

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