Here's why Blackstone India acquired 51% stake in Essel Propack

CNBC-TV18 2019-04-22

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Private equity fund manager, Blackstone has committed up to USD 460 million to acquire majority stake in Mumbai headquartered global tube-packaging company Essel Propack. Nisha Poddar spoke to Amit Dixit Senior MD of Blackstone India and Ashok Goel VC & MD of Essel Propack to understand the reasons behind this acquisition.
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