09022833777
Sections
Search
Subscribe
Equity
Venture Capital
Private Equity
M&A

Private Equity | 18 September 2012

IDFC PE Invests In Parag Milk Foods

by Paritosh Gajjar
IDFC PE Invests In Parag Milk Foods
Share on Social Media Email Facebook Twitter Linkedin
 
@Paritosh

@Parag_Milk_F Private Limited’s search for an investor ended with IDFC PE all set to invest in the company. The investment is the largest PE infusion in the country’s dairy sector. These funds will be utilised to build capacities in various product lines and to strengthen its procurement infrastructure.

IDFC will invest around R155 Cr for approx. 15-20% stake in the company through CCDs. Existing investor Motilal Oswal PE will be diluting its stake. Motilal had invested R55 Cr in Parag Milk in 2008 for 10-12% stake.

Edelweiss was the I-bank to the transaction.

Post the transaction, promoters will hold around 60% stake and 35% stake will be held by two PE funds together.

Citigroup Global Invests In HDIL

Citigroup Global Invests In HDIL

Citigroup Global Market has invested around R33.63 Cr in HDIL by acquiring 42,050,81 shares for R79.98 per share through bulk deal on NSE.

Read More...

Strides Arcolab Divests Stake In Biotech Project Stelis Biopharma To GMS Holding

Strides Arcolab Divests Stake In Biotech Project Stelis Biopharma To GMS Holding

Along with the merger of Shasun Pharmaceutical with itself, Strides Arcolab also announced the induction of a strategic partner in its greenfield biotech project, Stelis Biopharma. As per the deal GMS Holding will pick up 25.1%s stake in the biotech arm infusing $8.5Mn.

Read More...
Private Equity in Fruit & Vegetable Processing AND Food FMCG
CONTACT US
Info@DealCurry.com
09022833777
A 311, 3rd Floor, AntopHill Warehousing Company,
Near Dosti Acres
Wadala(E),
Mumbai 400037
   
 
CLIENTS
USEFUL LINKS
SOLUTIONS
Copyright © EagleEye Research & Media Pvt. Ltd. 2009 All Rights Reserved - Interactive multimedia analysis platform for financial markets.
Site map |Terms of Use |Privacy Policy
DealCurry tracks financial and corporate markets for events, interprets and integrates the information in our platform, providing premium data, news and analytics. DealCurry provides comprehensive coverage of the capital markets through an intuitive, user-friendly interface.