Did WL Ross make any money on OCM sale to Donear promoters?

By Keshav Sunkara

  • 21 Nov 2017
Premium
From left: Donear director Surya Ajay Agarwal, OCM MD Vikram Mahaldar and Donear MD Rahul Rajendra Agarwal

WL Ross & Co. LLC, the private equity firm founded by billionaire and current US commerce secretary Wilbur Ross, has exited Delhi-based OCM Pvt. Ltd, more than a decade after buying the woollen fabric maker.The promoters of Donear Industries Ltd have acquired OCM to expand its range of products, the ......

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