ICICI Venture sells RFCL to PE-backed Avantor Performance Materials
ICICI Venture has sold its 85% stake in Indian biotech firm RFCL to PE-backed chemical developer Avantor Performance Materials.
Avantor publicly announced the transaction but did not disclose the deal’s price, though global reports citing sources close to the deal estimated the stake was bought in the ballpark of $100 million....
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