Blackstone set for part exit as India’s Nuziveedu files for IPO
Indian seeds producer Nuziveedu Seeds has filed for a domestic IPO, which is expected to facilitate a partial exit for The Blackstone Group, an investor in the company since 2008.
The company plans to raise INR1.25 billion ($19.8 million) through an issue of new shares, while the promoter and Blackstone will sell up to 11.9 million existing shares. The promoter, Mandava Prabhakara...
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