What happened Piramal Glass?

What happened Piramal Glass?

Blackstone acquired the company from the Piramal Group for a valuation of $1 billion in late 2020—the largest ever transaction for a packaging company in India—elbowing out other suitors such as Partners Group AG and Bain Capital.

Who owns Piramal Glass?

Piramal GroupPiramal Glass / Parent organizationThe Piramal Group is an Indian multinational conglomerate, that has presence across various sectors such as healthcare, life sciences, drug discovery, financial services and real estate. Wikipedia

Who owns PGP glass?

Blackstone Group

PGP is 100% owned by US Private equity major Blackstone Group. Blackstone had purchased the business from Piramal Group (Piramal Glass Private Limited), through a Business Transfer Agreement dated December 10, 2020 and shares of the subsidiaries through Share Purchase Agreement for a net purchase consideration of Rs.

Is Piramal Glass sold?

Piramal Glass sold to Blackstone for $1 billion.

Who are the key partners of Piramal Glass?

This segment is primarily catered by the Sri Lanka and US operations serving global industry bigwigs such as Cadbury Schweppes, Diageo, Pernod Ricard, UB Group etc.

Is Piramal a good company?

Piramal Group is rated 4.1 out of 5, based on 2.0k reviews by employees on AmbitionBox. Piramal Group is known for Skill development which is rated at the top and given a rating of 4.0. However, Career growth is rated the lowest at 3.5 and can be improved.

Is Piramal a pharma company?

Piramal Pharma Limited (PPL) offers a portfolio of differentiated products and services through end-to-end manufacturing capabilities across 15 global facilities and a global distribution network in over 100 countries.

Is PEL a good buy?

As on 19th Sep 2022 PEL SHARE Price closed @ 942.40 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 2120.97 & Strong Sell for SHORT-TERM with Stoploss of 1598.86 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is Piramal share good to buy?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Piramal Enterprises Ltd is a good quality company.

Is Piramal a good company to work for?

Is Piramal Enterprises a good company to work for? Piramal Enterprises has an overall rating of 3.8 out of 5, based on over 532 reviews left anonymously by employees. 82 of employees would recommend working at Piramal Enterprises to a friend and 68 have a positive outlook for the business.

Will PEL share price increase?

As on 19th Sep 2022 PEL SHARE Price closed @ 942.40 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 2120.97 & Strong Sell for SHORT-TERM with Stoploss of 1598.86 we also expect STOCK to react on Following IMPORTANT LEVELS.

PELSHARE Price.

HERCULES 217.80 20.00%
TRIL 50.95 12.60%
TRIL 50.95 12.60%

Why is Piramal falling?

Owing to higher expenses, the company reported a 9% decline in net profit. Deteriorating financial performance on annual as well as quarterly basis don’t paint a good picture and that could be the reason pushing down Piramal Enterprises’ share price.

Why do you want to join Piramal?

At Piramal, every day brings new possibilities, learning and excitement. A truly entrepreneurial environment, incredible learning, and fast-track career growth are integral aspects of our culture. We also believe in taking early bets on talent, as we grow and move closer towards our 2020 vision.

Is Piramal a product based company?

Piramal Pharma Limited
The business has a well-positioned product portfolio with a purpose to improve people’s lives by offering products that address their routine-disruptors.

Is Piramal a good company to work?

How is Piramal Group to work for? Piramal Group is rated 4.1 out of 5, based on 2.0k reviews by employees on AmbitionBox. Piramal Group is known for Skill development which is rated at the top and given a rating of 4.0. However, Career growth is rated the lowest at 3.5 and can be improved.

How is Piramal as a company?

Piramal Enterprises Limited (PEL) is one of India’s leading diversified companies, with a presence in Financial Services and Pharmaceuticals. PEL’s consolidated revenues were ~US$1.7 Billion in FY2020, with around ~34% of revenues generated from outside India.

Is Piramal good place to work?

Piramal Group is rated 4.1 out of 5, based on 2k reviews by employees on AmbitionBox. Piramal Group is known for Skill development which is rated at the top and given a rating of 4.0.

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