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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 Limited.

The completion of the deal will provide exit opportunities to existing investors comprising of ICICI Bank (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.

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