Creador frontrunner to buy minority stake in Shriji Polymers from Tata Capital

Kuala Lumpur-based Creador has reportedly emerged as frontrunner to acquire about 20% of packaging maker Shriji Polymers, including Tata Capital Healthcare Fund's 13% stake, at a valuation of Rs 1,200 crore. The report, dated 13 May 2020, is based on unnamed sources and Creador has signed an exclusivity agreement.

“Creador has signed an exclusivity agreement with the existing investor, said one of the sources.”economictimes.indiatimes.com

• 1 source
• economictimes.indiatimes.comCreador frontrunner to buy Tata Capital's stake in packaging co - The Economic TimesMay 13, 2020

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