19 Jun, 2013
The Leela Palace, Bengaluru
Wednesday, November 7, 2012 - 12:07 IST
Hinduja Group’s Gulf Oil buys Houghton for $1.04B
BY TEAM VCC
The public-listed firm is acquiring the US-based specialty chemicals company, which is over three times its revenues and 10 times EBITDA.
Hinduja Group company Gulf Oil Corporation Ltd (GOCL), through its UK subsidiary, has acquired 100 per cent stake in Houghton International Inc. from the US-based private equity fund AEA Investors, for $1.04 billion, subject to customary closing conditions.
...To continue reading this article, you must be a Premium subscriber...
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.
JOBS
- Associate - Red Fort Capital Advisors Pvt Ltd
- The Private Equity Associate - Nereus Capital
RECENT COMMENTS
- 15 May 2013AMULYA DEonLAFARGE IS A VERY GOOD COMPANY AND GOOD NEWS FOR NEW PROJECT.
- 04 May 2013kartikonCamson Biotech is a good company. I have been tracking its performance for a long time. I was long hoping some PE...
- 04 May 2013VaradhaonSaurabh Very well said - I have always believed that investing is a very individual, lonely affair - so it is...
- 02 May 2013AnuragonPlantar technology? Interesting, never heard about this company.
UPCOMING EVENTSchinetwork