Indiabulls signs Rs 175 cr deal with Groww to exit mutual fund business
Groww will acquire Indiabulls Asset Management Company Limited and Indiabulls Trustee Company Limited (ITCL). The Rs 175-crore deal will include cash and cash equivalent of Rs 100 crore
BusinessToday.In | May 11, 2021 | Updated 20:27 IST
Indiabulls Housing Finance announced it will exit the mutual fund business to focus its management bandwidth and consolidate capital towards its core lending business. To this end, the housing finance company said it will sell its entire stake in mutual fund subsidiary to Nextbillion Technology, a part of the Groww Group, for a sum of Rs 175 crore.
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Ingram Micro is a US-based IT company specialising in technology distribution and logistics, cloud solutions and e-commerce supply chain services
CCI approves acquisition of Ingram Micro by Imola ANI | Updated: May 10, 2021 10:36 IST
The proposed combination relates to acquisition of Ingram together with its parent companies GCL Investment Management Inc and GCL Investment Holding Inc besides its direct and indirect subsidiaries.
Imola is a newly incorporated entity belonging to Platinum Equity Group which specialises in merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of businesses, including information technology, telecommunications, logistics, metal services, manufacturing and distribution.
CCI approves acquisition of 100% shareholding of Ingram Micro by Imola Acquisition
Ingram Micro is a US Headquartered IT company that specialises in technology distribution and logistics, cloud solutions, and e-commerce supply chain services.Devdiscourse News Desk | New Delhi | Updated: 10-05-2021 15:03 IST | Created: 10-05-2021 15:03 IST
Ingram Micro is a US Headquartered IT company that specialises in technology distribution and logistics, cloud solutions, and e-commerce supply chain services. Image Credit: Twitter(@PIB India)
The Competition Commission of India (CCI) approves the proposed acquisition of 100% shareholding and sole control of Ingram Micro Inc. by Imola Acquisition Corporation.
The proposed combination concerns the proposed acquisition of 100% shareholding and sole control of Ingram Micro Inc. together with its parent companies (i) GCL Investment Management Inc. and GCL Investment Holding Inc. and (ii) its direct and indirect subsidiaries (collectively referre
The Competition Commission of India (CCI) has approved proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc by Imola Acquisition Corporation. The proposed combination relates to acquisition of Ingram together with its parent companies GCL Investment Management Inc and GCL Investment Holding Inc besides its direct and indirect subsidiaries. Imola is a newly incorporated entity belonging to Platinum Equity Group which specialises in merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of businesses, including information technology, telecommunications, logistics, metal services, manufacturing and distribution. Ingram Micro is a US headquartered IT company that specialises in technology distribution and logistics, cloud solutions and e-commerce supply chain services.