Founders seeking exit value Sequent Scientific at Rs 2,500 crore - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Founders seeking exit value Sequent Scientific at Rs 2,500 crore

Sequent’s market cap as on Tuesday was Rs 1,670 crore. But the founders are seeking a control premium of 49.7% or 18-20x forward Ebitda multiple, valuing the company at Rs 2,100-2,500 crore, sources said. Some, however, worry that such expectations may turn out to be a potential deal breaker.

from Industry-Economic Times
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