Dorf Ketal taps global investors for $1.6 billion to fund Italmatch deal
Published on: Oct. 6, 2025, 11:57 p.m. | Source: The Economic Times
Mumbai-based Dorf Ketal is in discussions to secure $1.6 billion for acquiring Italmatch Chemicals SpA. The funding will come from private credit, NCDs, and non-recourse financing. Morgan Stanley is expected to lead parts of the fundraising. This acquisition marks a significant expansion for Dorf Ketal into adjacent businesses. The deal is currently in the structuring phase.
