TPG among PE suitors targeting Time Technoplast
Several private equity funds, including TPG Capital, have approached Mumbai-based Time Technoplast, a maker of polymer products, to offer their services to raise capital, the company confirmed to local media.
The company's statement, reported in the Economic Times, comes after sources suggested that TPG sought up to 14% in the company, for which it was said to be offering a 30% premium on its latest market...
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