Actis set to invest $125 million in SuperMax - reports
The same week that London-headquartered Actis announced its exit from Paras Pharmaceuticals, reports have surfaced that the emerging markets investment firm is set to inject up to $125 million for a minority stake in SuperMax Corp., a maker of shaving products based in Mumbai.
According to the Business Standard, the firm is slated to take a 25-30% stake in the company, though its exact investment has not been disclosed. Reports earlier this year noted that SuperMax, which claims...
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