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Excel Crop Care merger with Sumitomo Chemical India will be like house of fire! | M&A C...
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mnacritique.mergersindia.com/-care-merger-sumitomo-chemical
Excel
Crop
Care
Sumitomo
Chemical
India
merger
Ratnabali
Group
stake
sale
shared by
mnacritique
on 26 Oct 18
-
No Cached
mnacritique
on 26 Oct 18
The rationale for creating huge paid-up capital of ₹499.14 crores of the merged entity having turnover of ₹ 2086 crores and PAT under ₹150 crores is not clear except that Sumitomo does not want legacy of Excel as the continuing company.
The rationale for creating huge paid-up capital of ₹499.14 crores of the merged entity having turnover of ₹ 2086 crores and PAT under ₹150 crores is not clear except that Sumitomo does not want legacy of Excel as the continuing company.
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