How has Max Group’s three-way demerger unlocked value for shareholders

By Joseph Rai

  • 04 Aug 2016
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Credit: Shah Junaid/VCCircle

The demerger of billionaire Analjit Singh-controlled diversified Max Group into three separate listed entities has translated into a value unlocking exercise for its investors including Goldman Sachs and International Finance Corporation (IFC).The exercise that was completed recently as last of the three entities got listed, has created firms with a ......

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