Zaggle slashes Dice acquisition price from Rs 123 crore to Rs 68 crore in asset only deal

A deal value cut after a full entity rethink

Zaggle has reduced its planned acquisition of Dice after reassessing the transaction structure. The company’s executive chairman said the Rs 123 crore figure was only indicative of acquiring the full entity, but a “thorough evaluation” led to an asset purchase instead. The revised deal size is Rs 68 crore, focused on assets and IP rather than the whole business.