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Tuesday, September 18, 2012 - 17:28 IST
IDFC Alternatives invests $29M in Parag Dairy; Motilal Oswal PE makes partial exit
BY Madhav A Chanchani
Motilal Oswal PE makes partial exit at 3x; IDFC Alternatives’ first consumer-facing deal and the largest PE deal in dairy sector.
In the largest ever deal in Indian dairy space, IDFC Private Equity Fund III has invested Rs 155 crore ($29 million) in Pune-based Parag Milk Foods Pvt Ltd. The deal has been struck by the private equity group...
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