Announced
Completed
Financials
Sources
Tags
Diversified Financials
Single Bidder
Minority
Private
finance company
Acquisition
Private Equity
Cross Border
Completed
India
Friendly
Synopsis
Phoenix Group and Cogito Capital completed a $50m investment in Netafim, an agriculture-focused non-banking finance company. Funds raised will be utilized for business expansion, enhanced offerings, and to expand horizons in the agri-rural domain and to improve its margins as it intends to service the high-cost old debt and bring down the overall cost of funds.
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