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Mergers & Acquisitions | 13 December 2012

Talwalkars Enters Into JV With David Lloyd Leisure

by Vivek Singh
 
@vivek
Listed gym operator Talwalkars has entered into a JV with British sports firm David Lloyd Leisure to enhance into the leisure and sports club space in India.

The entity will be known as Talwalkars David Lloyd Leisure Consulting and it aims to provide consulting services for leisure and sports clubs in high-end residential complexes, gated community townships and corporate campuses.

MobME To Raise Funds Through IPO

Mobile value added services provider MobME Wireless Solutions Private Limited is planning to raise funds through an IPO at the SME Exchange on the NSE, according to nextbigwhat.The company is the first startup from Kerala to go public for raising funds and is preparing a DRHP for the same.It ...

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Apax Partners Invests In Chola Finance

Apax Partners LLP has invested INR 5 Bn in Cholamandalam Investment & Finance Company Limited, the financial services arm of Murugappa Group, by way of subscription to 50 Mn Compulsorily Convertible Preference Shares at a Face Value of INR 100. The funds raised will be used towards augmenting its capital base for future growth and tier 1 capital adequacy.

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