Grapevine: Manjushree, 2 others plan IPO; Postman valuation falls in secondary deals

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Advent International is planning an initial public offering (IPO) for Manjushree Technopack Ltd, India’s largest rigid plastic packaging solution provider, a media report said.  The private equity firm has engaged JM Financial, ICICI Securities, Avendus Capital, and Goldman Sachs to manage the offering, The Economic Times reported, citing people familiar with the matter.  Earlier in December, ......