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Monday, February 6, 2012 - 05:30 IST
Beacon PE Picks 1.3% In Blackstone & ChrysCap-backed NCC Ltd
BY TEAM VCC
This is the second listed firm backed by Rakesh Jhunjhunwala in which Beacon has acquired shares through the market.
Mumbai-based Beacon India Private Equity Fund has acquired 1.3 per cent stake in Blackstone and ChrysCapital-backed construction firm NCC Ltd (formerly Nagarjuna Construction Company) for around Rs 21.74 crore ($4.5 million).
The PE firm picked the stake at...
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