by Vora Corporate Finance | Jan 21, 2023 | Insights, Private Equity & IPO
Transaction: Investcorp announced that it has led an investment of INR 545 Cores in the dental chain Clove Dental, operated by Global Dental Services Ltd, which is Asia’s largest dental chain and among the top 15 global Dental Services Organizations. Tybourne Capital...
by Vora Corporate Finance | Jan 21, 2023 | Insights, Merger & Acquisitions
Transaction: Blackstone, an American private equity fund, announced that it would pick up a majority stake of 52% of present promoters including of founder Dr. Rekhi, in R Systems International, a digital services firm, for Rs. 2,904 Crores. Blackstone will also...
by Vora Corporate Finance | Jan 21, 2023 | Capital Market Updates, Insights
Trends in Secondary Markets: The BSE Sensex was up by 2,353.06 points or 3.87% at 63,099.65 and NIFTY was up by 746.15 points or 4.20% at 18,758.35. FPI infused funds worth Rs 32,344 Crores in November. The rally was also driven by domestic players. Earnings growth in...
by Vora Corporate Finance | Jan 21, 2023 | Insights
Economic Update: The Reserve Bank of India (RBI) in its monetary policy meeting held on December 7, 2022 has yet again hiked the repo rate by 0.35%. This is the fifth consecutive repo rate hike since May of this year. The repo rate will go up from 5.9% to 6.25%. RBI...
by Vora Corporate Finance | Jan 2, 2023 | Insights, Merger & Acquisitions
Transaction: Private equity player Advent International has entered into a definitive agreement to acquire significant stake in Suven Pharmaceuticals from the Jasti family. Advent will also be making an open offer to acquire additional 26% (entailing a total outgo of...
