Private equity firm ICICI Venture has picked up a 14.9% stake in Mumbai-based textile and real estate development firm Arrow Webtex through a preferential allotment. The deal is estimated to be in the region of around Rs 130-140 crore. The transaction gives the private equity fund a stake marginally below the level which mandates an open offer for public listed firms in India.ICICI Venture buys 15% in city co Arrow Webtex- Stocks in News-Stocks-Markets-The Economic Times
Saturday, March 1, 2008
ICICI Venture buys 15% in city co Arrow Webtex
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