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Llyods shares drop but is this a good deal for Havells India?

Llyods shares drop but is this a good deal for Havells India?

Tue, Feb 21, 2017

Naveen Trivedi, analyst at HDFC Securities said, “The revenue and EBITDA expected from Lloyd Consumer is Rs 1,850 crore and Rs 11,000 crore respectively for FY17. This deal is significant for Havells as Lloyd will contribute 30% and 13% to its FY17 revenue and EBITDA numbers.”

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Lloyd's fall 15% as investors rue sale to Havells

Lloyd's fall 15% as investors rue sale to Havells

Mon, Feb 20, 2017

Standard Chartered Bank was the financial advisor and AZB & Partners were the legal advisors to the transaction.

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