Private equity major TA Associates has picked up a minority stake in domestic handset maker Micromax for about Rs 225 crore, a top company official with the cellphone company told ET. While the exact stake amount could not ascertained, the Micromax executive added that it was less than 20%, valuing the handset maker at about
Continued here:
TA Associates acquires stake in Micromax
Related posts:
- Bharti acquires 70% stake in Warid Telecom
- Bangladesh approves Bharti Airtel’s Warid stake buy
- C350 from Micromax is the first OMH phone by an Indian Company
- Telenor ups stake in Unitech Wireless
- Telenor raises stake in Uninor
Follow us @wirelessheat - lists / @sectorheat
