Private equity players in race to acquire stake in Acme Telepower
November 15, 2006
Seven private equity players, including Blackstone, Carlyle, Goldman Sachs and Warburg Pincus, are reportedly trying to acquire 18-20 per cent stake in Acme Telepower, Delhi-based telecom infrastructure provider. However, the deal, valued at $200 million, could run into problems due to differences over valuation as Acme has set $1 billion as the purchase price for its stake.
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