Tuesday, 21 July 2020

Majesco to sell US arm to PE firm Thoma Bravo for Rs 4,455 cr; stk soars 5%

Majesco US has decided to sell its company to a private equity, Thoma Bravo, LP at $13.1/share, valuing the company at $594 million. This offer price is at a 77% premium to Majesco US' last close

from Markets https://ift.tt/2CwCwQo

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Goldprice dips Rs 10 to Rs 62,720, silver falls Rs 100 to Rs 74,900

The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 57,490 from Markets https://ift.tt/rpZGNwM