“Tanla Solutions signed a definitive share purchase agreement to acquire Karix Mobile (formerly known as mGage India) and its wholly owned subsidiary Unicel from GSO Capital Partners, a Blackstone company, at an enterprise value of ₹340 crore. Shares of Tanla Solutions ended 4.91 per cent higher at ₹40.60 on the BSE,” reported Hindu Business Line.
AZB & Partners advised
Nishith Desai Associates advised
2018-08-20
Deal value: Rs 340 crore ($49m)
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