Advent closes in on Eureka Forbes buy for Rs 4,500-5,000 crore - Business News: Latest News & Videos about market and economy | Trendmergers

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Advent closes in on Eureka Forbes buy for Rs 4,500-5,000 crore

Both sides have entered into “deal exclusivity” for bilateral negotiations before a formal announcement is made in the coming weeks. The deal, once completed, will further help the leveraged 154-year-old construction and real estate conglomerate pare debt and focus on core operations.

from Stocks-Markets-Economic Times
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