Stake - Newz Villa

4 mins read

Business

Funds Advised by Convergent Finance and Samara Capital to Acquire 51.8% in Agro Tech Foods from Conagra Brands

29/02/202403/03/2024 dheeraj0Tagged acquisition, ACT II popcorn, Advertorial Disclaimer, Agro Tech Foods Limited, Brand recognition, Branded food platform, Conagra Brands Inc., Consumer class, Controlling shareholder, Convergent Finance, Convergent Finance LLP, Discretionary income, Distribution reach, Growth, Investment management, Mid-market private equity, NewsVoir, Newzvilla, open offer, Product range, Regulatory Approvals, Samara Capital, stake, Sundrop edible oils

Funds Advised by Convergent Finance and Samara Capital to Acquire 51.8% in Agro Tech Foods from Conagra Brands Funds advised by Convergent Finance LLP (‘Convergent’) and leading private equity firm Samara Capital (‘Samara’), have jointly announced the signing of definitive documents for the indirect acquisition of a 51.8% stake in Agro Tech Foods Limited (‘ATFL’) […]

IndiGo Shares Fall 5% as Gangwal Family Sells Stake in Block Deal

5 mins read

Business

IndiGo Shares Fall 5% as Gangwal Family Sells Stake in Block Deal

16/08/2023 dheeraj0Tagged Air India, airline, block deal, challenges, competition, concerns, Future, Gangwal family, impact, Indian airline industry, IndiGo, low-cost airline, Opportunity, priorities, private equity firm, privatization, real estate company, sale, SpiceJet, stake

IndiGo Shares Fall 5% as Gangwal Family Sells Stake in Block Deal Shares of IndiGo, India’s largest airline, fell 5% on Wednesday after the Gangwal family, the company’s co-founders, sold a 5.6% stake in the company via a block deal. The Gangwal family sold 15.6 million shares in IndiGo at a price of Rs 2,400 […]