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Vikas Lifecare acquires substantial stake in renowned ‘SKY2.0 Club’

22 Jan 2024 Evaluate

Vikas Lifecare has acquired substantial stakes in renowned ‘SKY2.0 Club’, Dubai. The acquisition is a share swap deal signed between Vikas Lifecare and the holding company M/s Blue Sky Event Hall FZ-LLC, Dubai, for acquisition of 60% stakes in the SKY 2.0 Club business and all future business ventures in the relevant business segment at an enterprise valuation of about $130 million. The acquisition process shall be completed within this fiscal year.

Vikas Lifecare is an ISO 9001:2015 certified company, conventionally engaged in manufacturing and trading of Polymer and Rubber compounds and Specialty Additives for Plastics, Synthetic & Natural Rubber.

Peers
Company Name CMP
Redington 359.90
Adani Enterprises 2734.00
Amrapali Industries 33.51
Maxgrow India 182.35
Rashi Peripheral 698.45
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