Subhash Chandra Goel
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| − | [http://indiatoday.intoday.in/story/Top+10+global+takeovers/1/22819.html ''India Today''] | + | [http://indiatoday.intoday.in/story/Top+10+global+takeovers/1/22819.html ''India Today''], December 29, 2008 |
In 2000,Essel Packaging owned by Subhash Chandra of Zee acquired Switzerland's Propack AG, and became the world’s largest producer of laminated tubes. | In 2000,Essel Packaging owned by Subhash Chandra of Zee acquired Switzerland's Propack AG, and became the world’s largest producer of laminated tubes. | ||
The cash and stock deal resulted in Essel issuing 6.68 million shares to Propack’s promoters, in addition to a cash payment of $11 million. | The cash and stock deal resulted in Essel issuing 6.68 million shares to Propack’s promoters, in addition to a cash payment of $11 million. | ||
In subsequent years, Essel Propack continued acquisitions across the world and ventured into manufacturing of medical devices with the acquisition of Tapro Inc.,US and Avalon Medical Services, Singapore. | In subsequent years, Essel Propack continued acquisitions across the world and ventured into manufacturing of medical devices with the acquisition of Tapro Inc.,US and Avalon Medical Services, Singapore. | ||
Revision as of 17:32, 9 July 2015
This is a collection of articles archived for the excellence of their content. |
In brief
India Today, December 29, 2008
In 2000,Essel Packaging owned by Subhash Chandra of Zee acquired Switzerland's Propack AG, and became the world’s largest producer of laminated tubes. The cash and stock deal resulted in Essel issuing 6.68 million shares to Propack’s promoters, in addition to a cash payment of $11 million. In subsequent years, Essel Propack continued acquisitions across the world and ventured into manufacturing of medical devices with the acquisition of Tapro Inc.,US and Avalon Medical Services, Singapore.
