Followers

Monday, February 25, 2019

Mideast funds eye RCap’s stake in asset mgmt co

At the current market value, the Reliance Capital shares are worth more than Rs 5,000 crore, though a control deal would come at a premium. Sources said Reliance has sought a valuation with the IPO price of Rs 252 apiece as the benchmark, pushing the deal size to about Rs 7,000 crore, or $1 billion.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2IyNyqo

No comments:

Post a Comment

McDonald's invests $100 million to recover from E. coli outbreak

McDonald's is investing \$100 million to regain customer trust after an E. coli outbreak linked to onions in its Quarter Pounders sicken...