Mon, Dec 26, 2022
Global private equity investor Advent International has said it is acquiring a significant stake in Suven Pharmaceuticals from its promoters, the Jasti family. As part of the transaction, Advent will also be making an open offer to acquire additional 26% of the outstanding equity shares of the company from the public shareholders. Know the complete details from Nupur.
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According to a PTI report, the acquisition is pegged at Rs 6,300 crore and that Advent had pipped rival Blackstone for the acquisition.
Tue, Aug 16, 2022
DFM Foods, a small-cap packaged foods company, shares were in June 2021 recommended as a SIP Stock by Zee Business Managing Editor Anil Singhvi.
Mon, Sep 20, 2021
Advent International is to acquire controlling stake in Eureka Forbes from Shapoorji Pallonji Group. Shapoorji Pallonji Group will focus on its core business and competencies.
Under the transaction, Eureka Forbes will list on the Bombay Stock Exchange as a standalone firm and Advent will then buy up to 72.56% of the company`s outstanding shares on a fully diluted basis from Shapoorji Pallonji, the group said in a statement
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