Semiconductor chip manufacturer Polymatech Electronics will spend close to $300 million in closing two acquisitions within the next few months in the US and France as it expands its presence globally. Polymatech Electronics founder Eswara Rao Nandam told Mint that the acquisitions will be funded through a mix of internal accruals and external investments from potential equity investors. In August, …
New Delhi: Semiconductor chip manufacturer Polymatech Electronics plans to raise ₹1,500 crore through an initial public offering by the year-end, chief executive and managing director Eswara Rao Nandam said in an interview. Out of the $5 billion, $1.5 billion will be invested from the proceeds of the IPO as well as internal accruals, he said, adding that the company will …
