MEMG and 360 ONE Gets CCPS Shares

  • MEMG Family Office LLP, a limited liability partnership, is a provider of consulting and advisory services in India. 
  • 360 ONE Private Equity Fund, managed by 360 ONE Asset Management Limited, is a Category II AIF registered with SEBI. 
  • API Holdings Limited, an unlisted public company, engages in various activities in the pharmaceutical and healthcare sectors in India. 
  • The proposed combination involves subscription of Class B Compulsorily Convertible Preference Shares (CCPS B) of the Target by the Acquirers.
Posted in Current Affairs.