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Excel Crop Care merger with Sumitomo Chemical India will be like house of fire! | M&A Critique - 0 views

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.
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