Blackstone looks at taking stake in India’s Gokaldas

  • 24 Aug 2007

PRIVATE equity firm Blackstone Group plans to buy a 70% stake in India’s largest garment maker, Gokalda Exports.

Blackstone is to acquire a 50.1% stake in the company from the founders. under regulations from the Securities and Exchange Board of India, this transaction triggers an open offer by ...

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