Marina Holdco acquires stake in Zensar Technologies
Q. Marina Holdco, backed by Apax Partners has announced acquisition of 23.2 percent stake in RPG promoted _____________.- Published on 12 Oct 15a. Kenstar Technologies
b. Zensar Technologies
c. Spencer’s
d. None of the above
ANSWER: Zensar Technologies
Marina Holdco, a company backed by Apax Partners has announced acquisition of 23.2% stake in RPG promoted Zensar Technologies. Apax acquired the stake from Electra Partner Mauritius, currently a minority shareholder in Zensar. Following the deal, RPG Group remains the promoter and largest shareholder in the firm with 48% stake.