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Strategies & Market Trends : India Coffee House

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To: Nandu who wrote (4682)6/21/1999 4:20:00 PM
From: Mohan Marette  Read Replies (1) of 12475
 
Bank America fund to pick up majority 51 per cent in DSQ Software

DSQ Website
dsqsoft.com

DSQ Stock Watch.
walletwatch.com

(Tuesday, June 22, 1999)

Rajas Kelkar in Mumbai

The Bank of America private equity fund, BancAmerica Equity Partners, is picking up a majority stake in the Dinesh Dalmia promoted DSQ Software at a price of Rs 300 cr approximately. According to sources, the fund has signed a term sheet with Dalmia for the acquisition at Rs 275 per share for the 51 per cent stake.......
business-standard.com
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