Stakes
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Franchise India Bureau Apr 30 2018 - 1 min readGlobal asset manager BlackRock Inc. is in the acquisition process with DSP Group from their asset management joint venture DSP BlackRock Investment Managers Pvt. Ltd, reported a financial daily, citing two people aware of the development. BlackRock holds a 40% stake while Hemendra Kothari-led DSP Group owns 60% of the JV, ...
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Franchise India Bureau Mar 07 2018 - 1 min readDSP BlackRock Trustee Co owned apparel brand Indian Terrain Fashions has trimmed its stake in by 1.70% after selling 6.46 lakh shares in the open market. As per the early reports, DSP BlackRock Trustee Co, on behalf of various schemes of DSP BlackRock Mutual Fund, decreased its shareholding in the company ...
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Franchise India Bureau Oct 14 2017 - 1 min readShares of Sun Pharma ended lower on Friday after the drug company said it will increase its stake subsidiary Ranbaxy Malaysia to 79.5% through purchase of shares. Following the company statement the stock fell 0.87% to Rs 534.70 on BSE. It opened at Rs 541 and touched an intraday high and low of Rs 543 ...
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Franchise India Bureau Sep 29 2017 - 2 min readQuadria Capital, through its Singapore based SPV, Helix Investments Pte Limited, has successfully concluded an investment deal in Concord Biotech Ltd. (“Concord”). Concord is one of India’s leading manufacturers of fermentation based biopharmaceutical APIs, focused on niche segments such as immunosuppressant, oncology, anti-fungal and anti-bacterial. Other investors in Helix Investment Pte Limited are funds managed ...