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Gokaldas to buy out knitwear maker Matrix Design for Rs 489 cr in part-cash deal

By Economic Times - 8 months ago
The share swap-plus-cash deal pegs the enterprise value of the company at Rs 489 crore. The equity value, net of debt, is pegged at Rs 333.98 crore. Post buyout transaction, Matrix will hold 4.31% equity in the apparel exporter.

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