DFM Foods Delisting Offer Successful, Priced at Rs 467 Per Share
Advent International has deemed Indian snack food company DFM Foods Ltd’s delisting offer successful, with the final price set at Rs 467 per share, according...
Tag : Advent International
Advent to Buy 50.1% Stake in Suven Pharma for Rs 6, 300 Crore
Private equity giant Advent International will acquire a 50.1% stake in Suven Pharmaceuticals from promoter Jasti family for nearly Rs 6,300 crore after it intends...
Sensex Pares Early Gains, Turns Flat; Nifty50 Above 18,000
The domestic market opened higher on Tuesday, with solid buying sentiment as traders approached the end of 2022. The main index, the Nifty50, rose more...
Suven Pharma Shares Rise as Advent Targets 76% Stake After Open Offer
Suven Pharma shares opened higher on December 26 after private equity firm Advent International confirmed it would acquire a substantial stake in the company. The...
Advent Confirms Significant Stake in Suven Pharma, Weighs Merger with Cohance
On Monday, private equity investor Advent International confirmed it had reached a definitive agreement to acquire a substantial stake in Suven Pharmaceuticals. Advent intends to...
Blackstone in Talks with Advent International to Acquire Controlling Stake in Suven Pharma
On November 4, Livemint reported that private equity investors Blackstone and Advent International are in separate talks to buy a controlling stake in Suven Pharmaceuticals....
Advent Announces Proposal to Delist DFM Foods From Stock Exchanges
Private equity firm Advent International, which holds a majority stake in DFM Foods through its subsidiary AI Global Investments on August 15 announced its proposal...
After Appointment of New MD & CEO, Eureka Forbes Shares Up 12%, Stock Up 35% in One Month
Eureka Forbes rose 12% to Rs 420 per share in Tuesday’s trading session when the company’s board of directors, at its meeting on Monday, approved...
Zenoti Joins India’s SaaS Unicorn Club With $160 Mn Funding
Spa and salon software startup Zenoti Software has raised $160 Million in a Series D funding round making it the first vertical software-as-a-service (SaaS) startup in India’s...
Advent Int and Temasek have launched an open offer to buy 26% stake in CG
Advent International and Temasek, the private equity investors have launched Rs 1,695 crore open offer for acquiring 26 percent stake in Crompton Greaves Consumer Electricals...