Standard Chartered commits $35m to India’s Prime Focus
Standard Chartered Private Equity (SCPE) has agreed to invest $35 million in Prime Focus, an Indian company that provides creative and technical services to the film, broadcast, advertising and media industries.
Operating through a Mauritius-based vehicle, SCPE will subscribe to 36.5 million preferential shares priced at a maximum of INR53 apiece, according to a regulatory filing. The proceeds have been earmarked...
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