Listed publishing company S Chand and Co. Ltd on Thursday announced plans to buy a controlling 51% stake in Chetana Publications Pvt. Ltd to expand its base in the school education space. S Chand said its board has approved an investment of Rs 58.5 crore to acquire the 51% “partnership interest” in an all-cash deal. “This investment is in line with the inorganic growth strategy of S Chand to expand its share in the K-12 content publishing market,” said the company.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
