M&AFinancial Express
Bodhi Tree invests $180 mn for majority stake in A2B
Positive+1005 sources
GreyOak summary
Bodhi Tree Systems acquired a majority stake in Adyar Ananda Bhavan (A2B) for $180 million. The investment aims to support A2B's expansion across India and international markets. Uday Shankar will serve as chairperson of A2B's new board, with plans to potentially take the company public within three to four years.
What it affects
- Bodhi Tree MultimediaBTMLPositive +100
Acquired majority stake for $180 million.Rolling sentiment Positive +83
