Subject category:
Strategy and General Management
Published by:
Stanford Business School
Version: 6 January 2013
Length: 3 pages
Data source: Field research
Abstract
This is part of a case series. In August 2007, the United States-based private equity firm the Blackstone Group acquired a 50.1 percent stake in Gokaldas Exports for $116 million. The investment was a two-part deal that included an 'open offer' to Gokaldas shareholders for another 20 percent of outstanding shares valued at approximately $45 million. This gave Blackstone a total share of just over 68 percent while the Hinduja family retained 20 percent and other shareholders the remainder.
Location:
Other setting(s):
2013
About
Abstract
This is part of a case series. In August 2007, the United States-based private equity firm the Blackstone Group acquired a 50.1 percent stake in Gokaldas Exports for $116 million. The investment was a two-part deal that included an 'open offer' to Gokaldas shareholders for another 20 percent of outstanding shares valued at approximately $45 million. This gave Blackstone a total share of just over 68 percent while the Hinduja family retained 20 percent and other shareholders the remainder.
Settings
Location:
Other setting(s):
2013

