Corporate Valuations - News Ascendas to acquire six warehouses from Arshiya for $83 mn



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Ascendas to acquire six warehouses from Arshiya for $83 mn


Date: 11-April-2017

Singapore’s Ascendas-Singbridge Group has agreed to acquire six warehouses from Mumbai-based logistics and supply chain company Arshiya Ltd for up to Rs 534 crore ($83 million).The transaction involves an upfront payment of Rs 434 crore and the remaining over the next four years depending on certain milestones,

 
 
 
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