Private equity giant, KKR & Co, announced on Wednesday the acquisition of a majority stake in Leap India, a leading pallet pooling platform in the country, for an undisclosed amount. Founded in 2013 by Sunu Mathew, Leap India is at the forefront of the pallet pooling industry in India. The company provides a… Continue reading KKR to acquire majority stake in pallet pooling platform Leap India
Tag: majority
Sanghi Ind freezes at 5% upper circuit as Ambuja eyes buying majority stake
Shares of Sanghi Industries were locked in the 5 per cent upper circuit at Rs 100.73 on the BSE on Wednesday after a Reuters report said that Ambuja Cements has reached a deal to acquire a majority stake in the company. The deal valuation is expected to be pegged at Rs 6,000 crore. A combined… Continue reading Sanghi Ind freezes at 5% upper circuit as Ambuja eyes buying majority stake
Ambuja Cements to acquire majority stake in Sanghi Industries: Reports
India’s Ambuja Cements has reached a deal to acquire a majority stake in operations of Sanghi Industries, two sources with direct knowledge said, a transaction that will add heft to cement operations of billionaire Gautam Adani’s firm. The deal by Ambuja is likely to be announced as soon as Wednesday, the sources said,… Continue reading Ambuja Cements to acquire majority stake in Sanghi Industries: Reports