Gokaldas Exports (B): Update Case Solution
In August 2007, the United States-based personal equity company the Blackstone Group obtained a 50.1 percent stake in Gokaldas Exports for $116 million. The financial investment was a two-part offer that consisted of an "open deal" to Gokaldas investors for an additional 20 percent of exceptional shares valued at around $45 million. This offered Blackstone an overall portion of simply over 68 percent although the Hinduja household maintained 20 percent and other investors the rest.
This is just an excerpt. This case is about Business
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