M&A

M&A

Dhanalakshmi Srinivasan Group acquires actor Vijayakanth’s engg college for Rs.150-Cr

Business Line  

Perambalur, Tamil Nadu-based Dhanalakshmi Srinivasan Group is acquiring Shri Andal Alagar College of Engineering (SAACE), a private college in Chengalpattu near Chennai, founded by late actor and politician Vijayakanth, for over INR 150 crore.SAACE offers a variety of courses at UG and PG levels. It offers admissions for around 400 seats.Dhanalakshmi Srinivasan Group has campuses at Perambalur, Trichy and Chennai.