Skegen Asset Management to invest $41.4m in Sagar Defence Engineering and Zeus Numerix.

Synopsis

Skegen Asset Management, an India-based investment management firm, agreed to invest $41.4m in Sagar Defence Engineering, a developer of unmanned maritime systems, and Zeus Numerix, a simulation and engineering software company serving defence clients.

Principals

target

Zeus Numerix

bidder

Skegen Asset Management

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Market Context

MergerLinks - Skegen Asset Management to invest $41.4m in Sagar Defence Engineering and Zeus Numerix.