Creador takes minority stake in India's Somany Ceramics
India and Southeast Asia-focused GP Creador will buy about 11% of listed tile and sanitary ware maker Somany Ceramics for INR499.9 million ($8.1 million).
According to a regulatory filing, Latinia Limited, an affiliate of Creador Fund II, is to be allotted 4.3 million equity shares, or around 11.19% of the company's share capital, at INR115 apiece. Somany...
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