022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Mergers & Acquisitions | 23 April 2012

Man Group To Exit Real Estate Biz, Focus On Steel Pipe Manufacturing

by Charmi Gutka
Man Group To Exit Real Estate Biz, Focus On Steel Pipe Manufacturing
Share on Social Media Email Facebook Twitter Linkedin
 
@Charmi
Man group is planning to exit its real estate business to focus on its core business of steel pipe manufacturing.

The group, which has invested R350Cr in real estate via its subsidiary Man Infraprojects, will sell off its projects in 18 to 24 months, according to Financial Express.

Founded in 2006, Man Infraproject is engaged in real estate management and development. It undertakes hospitality, residential, commercial, information technology park, and SEZ projects.

Max India To Exit From Its Polypropylene Biz

Max India To Exit From Its Polypropylene Biz

Max India is planning to exit its polypropylene business in a two-stage transaction for an enterprise value of about R800Cr in order to exit its non-core business.

Read More...

Smart Water Purification Solutions Startup Swajal Raises Funding

Smart Water Purification Solutions Startup Swajal Raises Funding

Gurgaon based engineering and tech social venture Swajal raises $1.2 Mn in a Series A round led by Abhishek Gupta. Emergent Ventures India Private Limited and Felix Advisory Services are the advisors to the deal.

Read More...
Subscribe
Enter your Email address
to receive all the news