New Silk Route is selling its majority stake in food and beverages company, Moshe’s Fine Foods, to ASDA Media & Entertainment Private Limited (ASDA)..Veyrah Law advised ASDA with a team led by Partner Ajay Joseph along with Associate Anshul Pandey..Samvad Partners advised the sellers and the team was led by Partner Vineetha MG along with Associates Niruti Pongotra and Himani Singh..New Silk Route is selling its 90% stake for Rs 15-20 crore, a massive markdown from the PE firm’s overall investment in the company, which is estimated at Rs50 crore, reported ET.
New Silk Route is selling its majority stake in food and beverages company, Moshe’s Fine Foods, to ASDA Media & Entertainment Private Limited (ASDA)..Veyrah Law advised ASDA with a team led by Partner Ajay Joseph along with Associate Anshul Pandey..Samvad Partners advised the sellers and the team was led by Partner Vineetha MG along with Associates Niruti Pongotra and Himani Singh..New Silk Route is selling its 90% stake for Rs 15-20 crore, a massive markdown from the PE firm’s overall investment in the company, which is estimated at Rs50 crore, reported ET.
