ICICI’s acquisition of Devyani gives former an edge in the market
16 May 2011
The merging and acquisition is not a new concept and it has been in existence since time immemorial. Recently, ICICI Venture purchased almost 10% stake of Devyani International Limited, which is part of RJ Corporation. The deal was finalized for Rs. 250 crore as the company Devyani has been valued at Rs. 2500 crores or [...]

