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Proparco invests $12.5M in Strides Arcolab's African arm for 20% stake

BY  Bhawna Gupta
The deal values the African operations of Strides at nearly $60M.

Proparco, a French development financial institution, has invested $12.5 million (Rs 70 crore) for a 20 per cent stake in Strides Arcolab Ltd’s African front-end arm. The deal values the African operations of Strides...

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