Of the total enterprise value of about Rs 4,000 crore, 74 percent will come as cash proceeds to the company, says Raghu Salgame, CEO, Growth Ventures and Service Provider Group.
Tata Communications to sell 74 percent stake in its data centre business to Singapore Technologies Telemedia, a unit of state investment company Temasek Holdings Pte Ltd, for USD 650 million to pare its debt.
The Chhattisgarh plant doesn't need a turnaround as it is suffering from sector woes, says Sanjay Sagar, Joint Managing Director and CEO of JSW Energy.
The realty company looks to sell 40 percent in the rental business, which spans 27 million square feet of developed real estate.
Anil Ambani's Reliance Communication today informed the bourses its decision to sign non-binding agreement with Tillman and TPG to sell its tower unit Infratel for an enterprise value of Rs 22,000 crore.
The sale is just the beginning of Jaypee Group's larger plan to sell its cement business bit by bit to soothe its nerves from the Rs 60,000 crore debt burden.
Adani Power will be acquiring Avantha group's Korba West Power for an EV of Rs 4200 crore. The power plant is a wholly owned subsidiary of Avantha Power.
The EV/EBITDA multiple has two components - numerator is EV or enterprise value. In layman‘s language, it is the price of the firm. EV is arrived at as market cap plus debt raised, preference share capital minus cash and cash equivalents.
T Srinivasa Rao, CFO, Rain Commodities, talks to CNBC-TV18 about the company’s plans to list its Calcine Petroleum Coke (CPC) business on the bourses. The segment contributes 80% to revenues and operating margins, he says.