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General Atlantic in talks to buy stakes in Just Dial, Info Edge: sources

New Delhi: US private equity firm General Atlantic is reported to be in talks to buy a 2-5 per cent stake each in India's Just Dial Ltd and Info Edge India Ltd, sources said. At current

India TV News Desk [ Updated: July 18, 2014 18:05 IST ]
general atlantic in talks to buy stakes in just dial info
general atlantic in talks to buy stakes in just dial info edge sources

New Delhi: US private equity firm General Atlantic is reported to be in talks to buy a 2-5 per cent stake each in India's Just Dial Ltd and Info Edge India Ltd, sources said.

 
At current market prices, a 2 to 5 per cent stake in Just Dial, a search service provider, would be valued between $36.4 million and $90.9 million.
 
A similar stake in Info Edge, an online classifieds provider, would be $25.4 million to $63.7 million.

 

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