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Mergers & Acquisitions | 25 October 2012

Sanjiv Goenka Of RPG Group May Acquire Firstsource Solutions

by Paritosh Gajjar
Sanjiv Goenka Of RPG Group May Acquire Firstsource Solutions
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Sanjiv Goenka, the younger son of Ram Prasad Goenka, of RPG Group is said to be the leading buyer to acquire @Firstsource_Solutions_L Limited.

The completion of the deal will provide exit opportunities to existing investors comprising of @ICICI_Bank_L (18.10%), Aranda Investments (18.82%) and Metavante Investments (18.17%) among others.

The company will consider the deal proposal in a board meeting tomorrow and JP Morgan is the banker for the deal. Read here for an earlier assessment of the situation.

Fidelity India To Acquire Stake In Trivitron Healthcare

Fidelity India To Acquire Stake In Trivitron Healthcare

Fidelity India Capital is planning to acquire 35-40% stake in Trivitron Healthcare for R400 Cr, as stated by ET.

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Johnson&Johnson To Sell Off Its Two FMCG Brands

Johnson&Johnson To Sell Off Its Two FMCG Brands

Johnson&Johnson is planning to sell of its two FMCG brands which include Savlon antiseptic soap and liquids, and Shower to Shower talcum powder brands in India for a consideration value of above INR 3000 Mn.

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