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Biocon announced that the Board of Biocon Biologics (subsidiary of Biocon) has approved the allotment of 1,97,99,305 equity shares at face value of Rs. 10 each at an issue price of Rs. 280.31 per share including a premium of Rs. 270.31 per share to the Investor i.e. Beta Oryz, a wholly owned subsidiary of ADQ against investment of Rs 555 crore. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear ...

Abu Dhabi fund, CVC, among suitors for $1b NMC hospital business Reuters/Dubai Filed on March 3, 2021 NMC has hired advisers for the sale of NMC’s healthcare business in the UAE and Oman, which sources said could generate around $1 billion. — File photo The deal is active and investor talks with management have started, but the candidates have yet to submit non-binding bids and there is no guarantee it will lead to a sale Abu Dhabi state-owned holding company ADQ and private equity ...

2 Min Read FILE PHOTO: A general view of the Abu Dhabi skyline is seen, December 15, 2009. REUTERS/Ahmed Jadallah DUBAI (Reuters) - Abu Dhabi’s state-owned ADQ has lined up a small group of banks for a loan of about $1 billion to back its acquisition of a 45% stake in commodities trader Louis Dreyfus Co (LDC), three sources familiar with the matter said. ADQ said in November it had signed an agreement to acquire an indirect 45% equity stake in LDC, in what would be the first outside investmen...

Abu Dhabi's state-owned ADQ haslined up a small group of banks for a loan of about $1 billionto back its acquisition of a 45% stake in commodities traderLouis Dreyfus Co (LDC), three sources familiar with the mattersaid. ADQ said in November it had signed an agreement to acquirean indirect 45% equity stake in LDC, in what would be the firstoutside investment in the family-owned commodity merchant's169-year history. The planned acquisition financing will likely be provided bya small g...

Abu Dhabi's state-owned ADQ has lined up a small group of banks for a loan of about $1 billion to back its acquisition of a 45% stake in commodities trader Louis Dreyfus Co (LDC), three sources familiar with the matter said.

ADQ considering $70 million infusion in Policybazaar parent Etechaces: Report The infusion, if it goes through, would value the 13-year-old fintech firm Etechaces at $2 billion Representative Image ADQ, Abu Dhabi’s national investment company, is looking to invest $70 million in Etechaces Marketing and Consulting – the parent of Policybazaar and Paisabazaar, ahead of Policybazaar’s planned initial public offering (IPO) this year. The infusion, if it goes through, would value the 13-year-o...

Shares of Biocon climbed 2 per cent to Rs 466 on the BSE on Friday after the company announced that the board of its subsidiary Biocon Biologics has approved a primary equity investment by Abu Dhabi based ADQ (“ADQ”), one of the region’s largest holding companies. As per the terms of the proposed agreement, ADQ will invest Rs 555 crore for a 1.80 per cent minority stake in the biosimilar business, valuing Biocon Biologics at a post money valuation of around $4.17 billion, the company sa...