19 Jun, 2013
The Leela Palace, Bengaluru
Home >> M & A >>
Tuesday, April 10, 2012 - 18:17 IST
Elecon Engineering Hires Ambit For Strategic Stake Sale
BY SHRIJA AGRAWAL & SNEHA SHAH
Proceeds to be used to pare debt; company may sell non-core businesses to raise more money.
Elecon Engineering Co. Ltd, a Baroda-based engineering firm, is looking to raise Rs 150-200 crore by inducting a strategic partner. The company has appointed Ambit Corporate Finance Pte Ltd to find buyers, at least two persons...
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
- 24 May 2013Nishamt K SinghonRenuka is truly a veteran in the indian PE industry. I completely agree that flexibility ensures the best returns for...
- 23 May 2013Murali ApparajuonInteresting surmises! What makes the takeaways less validated however is the lack of disclosure or at least a...
- 23 May 2013VaradhaonPhoenix LP's are managing your money and my money - so they ought to maintain an arm's length and review...
- 21 May 2013PhoenixonWell said Varadha. This comment of your is unclear, " LPs ought to maintain an arm's distance from GPs and...
UPCOMING EVENTSchinetwork