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PitchBoard | 10 July 2013

Profitable Auto Component Manufacturer Available For Strategic Investment

by Charmi Gutka
 
@charmi
Strategically located, profit-making company producing transmission gears, shafts and components for all major types of vehicles with over R100 Cr of revenues, strong margins and healthy order book (international and domestic) is available for strategic investment.

Fiberweb To Acquire Terram India

Fibreweb Plc announced that Fibreweb Geosynthetics has acquired control of Terram India by investing 2 Mn pounds to increase its stake from 26% to 65% in its exisiting JV, RTT News states.

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La Opala To Raise Funds From WestBridge

La Opala RG Limited is raising INR 552.7 Mn by issuing 5,02,468 Equity Shares at a unit price of INR 1,100 on preferential basis to WestBridge Crossover Fund, LLC. Post the issue which is pending for shareholder consent, Westbridge will hold 4.53% stake in the company.

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