Of this, nearly 10% will be through an issue of fresh shares, with the proceeds to be utilised for bringing down the debt of the company, while the balance 90% will be an offer for sale by its promoter and private equity investor TPG Asia. The promoter holding will drop by 3.65 percentage points to 62.7% after the IPO.
TPG Asia VII SF Pte Ltd, a US-based private equity firm that holds a 20.99% stake in RR Kabel, will be selling some of its stake in the company through the IPO.
NTC accorde à Zhaoke des droits exclusifs de licence et de distribution en Asie pour le NTC014, un médicament innovant contre la conjonctivite bactérienne prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.