Karuturi overseas to raise Rs.1500 crores
Karuturi overseas to raise Rs.1500 crores for its African arm.
Reliance capital is also looking to buy some stake.
Company is growing crops , cereals , sugar in the farm it has leased in Ethiopia
Archive for the 'Agri' Category
Karuturi Global to sell 15% stake in Dubai Subsidiary
World’s largest rose buds producer Karuturi Global is raising $100 million by selling a 15 per cent stake in its Dubai-based subsidiaryThe company will sell the stake in Karuturi Overseas to a private equity player valuing the Dubai-based subsidiary at over $650 million after the acquisition. The Dubai-based entity is the holding company for all [...]
Aries Agro IPO : Four units to come up in FY08
Aries Agro IPO : Four units to come up in FY08
Aries Agro IPO, a micronutrient and other nutritional products for plants and animals manufacturing company, is entering the capital market with its IPO of 45,00,000 equity shares of Rs 10 each for cash at a premium to be decided through the 100 per cent book [...]