Ambadi Estates (Murugappa Group) to acquire 11% equity in Cholamandalam DBS Finance - MarketLine Financial Deals

Ambadi Estates (Murugappa Group) to acquire 11% equity in Cholamandalam DBS Finance

Ambadi Estates (Murugappa Group) to acquire 11% equity in Cholamandalam DBS Finance - MarketLine Financial Deals
Ambadi Estates (Murugappa Group) to acquire 11% equity in Cholamandalam DBS Finance
Published Mar 30, 2010
3 pages — Published Mar 30, 2010
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Abstract:

Ambadi Estates Pvt., Ltd., a constituent company of Murugappa Group, has entered into a share purchase agreement to acquire 7,306,473 equity shares, representing 11% equity, in Cholamandalam DBS Finance Limited (CDFL), an India-based non-banking finance company, from DBS Bank Limited at INR91 ($2.02) per share. The transaction is valued at INR664.88 million ($14.79 million).

  
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MA22254_100401
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MLA:
MarketLine Financial Deals. "Ambadi Estates (Murugappa Group) to acquire 11% equity in Cholamandalam DBS Finance" Mar 30, 2010. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Ambadi-Estates-Murugappa-Group-to-acquire-11-equity-in-Cholamandalam-DBS-Finance-2052-28292>
  
APA:
MarketLine Financial Deals. (2010). Ambadi Estates (Murugappa Group) to acquire 11% equity in Cholamandalam DBS Finance Mar 30, 2010. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Ambadi-Estates-Murugappa-Group-to-acquire-11-equity-in-Cholamandalam-DBS-Finance-2052-28292>
  
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