financetom
Market
financetom
/
Market
/
Advent International looks to delist DFM Foods from stock exchanges: Sources
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Advent International looks to delist DFM Foods from stock exchanges: Sources
Mar 31, 2022 5:04 AM

CNBC-TV18 learned that DFM Foods could be planning to de-list the stock.

Private equity investors invest and acquire companies are making good returns but what has happened with DFM Foods which was acquired in 2019 by private equity firm Advent International, they are still languishing close to the price at which Advent International had bought them about three years back. That was around Rs 249.50 per share, and the stock has been seeing some pressure.

In terms of big strategic, aggressive, bold moves in the company, a private company may be better to manoeuvre from the Advent International point of view, and there may be more agility and that is the reason why there is a lot of serious thought at Advent International to look at a delisting of DFM Foods.

Watch the accompanying video of CNBC-TV18’s Nisha Poddar for more details.

Follow our live blog for more stock market updates

First Published:Mar 31, 2022 2:04 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US stock futures dip, bond yields climb as Trump's tax bill standoff unfolds
US stock futures dip, bond yields climb as Trump's tax bill standoff unfolds
May 26, 2025
(Reuters) -U.S. stock index futures slipped and Treasury yields surged on Wednesday amid growing fiscal anxiety as investors focused on discussions around U.S. President Donald Trump's tax-cut bill that has been plagued by Republican infighting. The gate-keeping House Rules Committee has scheduled an unusual 1 a.m. ET hearing - that is expected to run well into daylight hours - where...
S&P 500 Snaps 6-Session Winning Streak: Investor Sentiment Edges Lower, But Fear Index Remains In 'Greed' Zone
S&P 500 Snaps 6-Session Winning Streak: Investor Sentiment Edges Lower, But Fear Index Remains In 'Greed' Zone
May 26, 2025
The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday. U.S. stocks settled lower on Tuesday, with the Dow Jones index falling more than 100 points during the session. The S&P 500 also snapped a six-session winning streak. Tesla Inc. ( TSLA ) stock...
Target, Lowe's And 3 Stocks To Watch Heading Into Wednesday
Target, Lowe's And 3 Stocks To Watch Heading Into Wednesday
May 26, 2025
With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Target Corporation ( TGT ) to report quarterly earnings at $1.65 per share on revenue of $24.32 billion before the opening bell, according to data from Benzinga Pro. Target ( TGT ) shares slipped...
US stock futures dip, bond yields climb as Trump's tax bill standoff unfolds
US stock futures dip, bond yields climb as Trump's tax bill standoff unfolds
May 26, 2025
(Reuters) -U.S. stock index futures slipped and Treasury yields surged on Wednesday amid growing fiscal anxiety as investors focused on discussions around U.S. President Donald Trump's tax-cut bill that has been plagued by Republican infighting. The gate-keeping House Rules Committee has scheduled an unusual 1 a.m. ET hearing - that is expected to run well into daylight hours - where...
Copyright 2023-2026 - www.financetom.com All Rights Reserved