by Vora Corporate Finance | Oct 26, 2024 | Insights
On 18th September, the US Federal Reserve lowered its benchmark interest rate for the first time in more than 4 years, with a bigger than usual cut. The key lending rate was reduced by 50 bps to the range of 4.75% and 5% marking the end of monetary tightening cycle....
by Vora Corporate Finance | Oct 26, 2024 | Insights, Private Equity & IPO
Transaction: Global Investment firm KKR announced to acquire controlling stake of 70% stake in Birth Memorial Hospital. As per Media reports, KKR invested Rs. 2000 to Rs. 2500 Crore, valuing the hospital chain at Rs. 2500 to Rs. 3000 Crores. KKR made the investment...
by Vora Corporate Finance | Oct 26, 2024 | Insights, Merger & Acquisitions
Transaction: Mankind Pharma Limited is to acquire 100% stake in Bharat Serums and Vaccines Limited (BSV) from PE fund Advent International for an EV of Rs. 13,630 Crores. The transaction was done at EV/Ebitda multiple of around 22x to 23x. The deal will be through...
by Vora Corporate Finance | Oct 26, 2024 | Insights
Union Budget 2024-25: Finance Minister (Nirmala Sitharaman) presented the first budget of BJP led NDA government’s third term and as per expectation continued the sustainable economic development goals in pursuit of ‘Viksit Bharat’. It focused on nine priorities:...
by Vora Corporate Finance | Jul 9, 2024 | Insights
World Environment Day – 5th June, 2024. All over the world, ecosystems are threatened, this is why World Environment Day 2024 focuses on land restoration, halting desertification and building drought resilience under the slogan “Our land. Our future. We are...
