Tano Capital looking to exit Bangalore-based Promac Engineering

By Madhav A Chanchani

  • 11 Jul 2013
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Mid-market private equity firm Tano Capital is looking to exit Promac Engineering Industries Ltd, said sources familiar with the development. The shareholders have appointed Mumbai-based investment bank Avendus Capital to seek buyers for their stake.The firm is likely to approach strategic buyers for the stake, sources said. They added that ......

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