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Gokaldas Exports signs definitive agreement to acquire apparel business of Matrix Clothing for enterprise value of Rs 489 crore

Gokaldas Exports signs definitive agreement to acquire apparel business of Matrix Clothing for enterprise value of Rs 489 crore
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Stocks that will see action today—February 2, 2024 - The Hindu BusinessLine

Stocks that will see action today—February 2, 2024 - The Hindu BusinessLine
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Gokaldas Exports to acquire apparel business of Matrix Clothing

Apparel exporter Gokaldas Exports Ltd, previously backed by private equity giant Blackstone, has entered into an agreement to acquire the apparel business of Matrix Clothing ..

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Gokaldas to buy out knitwear maker Matrix Design for Rs 489 cr in part-cash deal

The share swap-plus-cash deal pegs the enterprise value of the company at Rs 489 crore. The equity value, net of debt, is pegged at Rs 333.98 crore. Post buyout transaction, Matrix will hold 4.31% equity in the apparel exporter.

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Gokaldas Exports acquires Matrix clothing, apparel business for ₹489 crore

Gokaldas Exports acquires Matrix clothing, apparel business for ₹489 crore
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

United kingdomSivaramakrishnan ganapathiGokaldas exports ltdMatrix design industries private ltdMatrix clothing private ltdMatrix designIndustries private ltdGokaldas exportsVice chairmanManaging directorExports ltd