Wed, Aug 20, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Singapore fund to buy 4.9pct stake in Godrej

Posted on 25 January 2012

Temasek Holdings, Singapore’s sovereign wealth fund, has agreed to buy a 4.9 per cent stake in India’s Godrej Consumer Products for Rs6.85 billion (Dh489 million).
Godrej will issue 16.7 million new preferential shares to Baytree Investments (Mauritius), a unit of Temasek, P. Ganesh, executive vice-president of finance at Godrej Consumer, said. Godrej will sell the shares at Rs410 a share, the company said in an exchange filing………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14601 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031