Business Standard

Proparco acquires 20% in Strides' African arm

BS Reporter  |  Bangalore 

The Bangalore-based on Tuesday said Proparco, a French development financing institution, had invested $12.50 million for a 20 per cent stake in Strides’ African arm, valuing the at $60 million.

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Proparco acquires 20% in Strides' African arm

The Bangalore-based Strides Arcolab on Tuesday said Proparco, a French development financing institution, had invested $12.50 million for a 20 per cent stake in Strides’ African arm, valuing the African operations at $60 million.

The Bangalore-based on Tuesday said Proparco, a French development financing institution, had invested $12.50 million for a 20 per cent stake in Strides’ African arm, valuing the at $60 million.

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