Advent completes second PIPE deal in India with $130 mn bet

By TEAM VCC

  • 16 Jan 2020
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Credit: 123RF.com

US-based private equity firm Advent International has completed its second transaction in a publicly listed company in India with an investment of around Rs 925 crore ($130 million), a fifth lower than originally envisaged. The PE firm, which had inked a deal to take control of Indian snacks maker DFM Foods ......

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