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True North seals truncated control deal for cement company

By Bruhadeeswaran R

  • 16 Apr 2019
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True North seals truncated control deal for cement company
Credit: Thinkstock

Homegrown private equity firm True North has sealed a truncated control transaction worth about Rs 128 crore ($18 million) for a cement company. True North, via its sixth fund, acquired a stake of about 55% for Rs 119.3 crore in Shree Digvijay Cement Company Ltd on Tuesday, stock-market data show. That’s lower ......

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