Sequoia Capital may acquire minority stake in Bikaji Foods - MarketLine Financial Deals

Sequoia Capital may acquire minority stake in Bikaji Foods

Sequoia Capital may acquire minority stake in Bikaji Foods - MarketLine Financial Deals
Sequoia Capital may acquire minority stake in Bikaji Foods
Published Nov 27, 2013
2 pages — Published Nov 27, 2013
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Abstract:

Update on March 19, 2014:
According to The Economic Times, sources reported that Lighthouse Funds LLC, a private equity firm, has signed an agreement to acquire a 25% stake in Bikaji Foods International, a manufacturer of snacks like bhujia, papad, namkeen and sweets, for INR1,200 million ($19.65 million). Both the entities are based in India.

Rumor (November 27, 2013):
According to The Economic Times, Sequoia Capital, a US-based venture capital firm, is in talks to acquire a minority stake in Bikaji Foods for approximately INR1,500 million ($24.13 million).

Reportedly, Norwest Venture Partners, Lighthouse Capital Partners, Inc. and Tano Capital, LCC are also in the race to acquire a minority stake in Bikaji Foods.

  
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Sequoia Capital may acquire minority stake in Bikaji Foods" Nov 27, 2013. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Sequoia-Capital-may-acquire-minority-stake-in-Bikaji-Foods-2052-101168>
  
APA:
MarketLine Financial Deals. (2013). Sequoia Capital may acquire minority stake in Bikaji Foods Nov 27, 2013. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Sequoia-Capital-may-acquire-minority-stake-in-Bikaji-Foods-2052-101168>
  
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