WebJun 21, 2024 · Temasek is a global investment company with a net portfolio value of S$381 billion ( US$283b) as at 31 March 2024. Headquartered in Singapore, it has 13 offices in … WebJul 5, 2024 · Temasek had been an investor in Jain Irrigation over a decade ago when it bought stock in the company in the early 2000s. “They were interested in the irrigation …
Rivulis and Jain Irrigation
WebJun 21, 2024 · 21 Jun 2024, 7:52 PM IST. Seeking to reduce debt, Jain Irrigation Systems Ltd. on Tuesday said its global irrigation business will be merged with Temasek-owned Rivulis in a cash-and-stock deal and the combined entity will have a revenue of $750 million. Jain Irrigation Systems and Rivulis Pte, Singapore announced that Jain International … WebApr 3, 2024 · Together with our two shareholders, Temasek and Jain Irrigation, Rivulis' next chapter will be an exciting one as we realize our GROW BEYOND mission to help … section 60 of the town and country planning
Latest News Jain Irrigation Systems Completes Merger of …
WebJun 22, 2024 · Temasek was an investor in Jain Irrigation from 2011-12. The company is also in talks with Temasek for its India business on climate technology solutions. Most importantly, the combined debt will fall by 46% to Rs 3300 crore. Debt from standalone India business to be paid off via internal accruals. $300 million of contingent liability will also ... WebRivulis will finance the acquisition with additional investment from Temasek as well as newly issued shares to Jain India; In addition, debt issuances of Jain USA and NaanDanJain will be refinanced immediately post-Closing through a syndicated facility signed with leading banks including HSBC, Rabobank, State Bank of India, ING, Bank Leumi and ... WebJun 22, 2024 · Israel-based Rivulis, a global drip irrigation system giant and a 100 percent subsidiary of Singapore's global investment company Temasek, is due to merge with India-based Jain Irrigation making Temasek the main … section 60 of wesa