Shriram Capital halts three-way merger after RBI request
The unlisted Shriram Capital, which counts billionaire Ajay Piramal and private equity firm TPG Capital as investors, was planning to combine with its publicly traded units Shriram Transport Finance Co. and Shriram City Union Finance Ltd.
Manipal-TPG in Rs 2k cr deal talks for Columbia Asia’s India assets
Interestingly, TPG was part of the consortium — along with Malaysian cong...
KKR, Apax Partners in race to buy significant stake in CCD
KKR and Apax Partners are now conducting due diligence of the coffee chain as they...
Global PE majors seek to sweep up Eureka Forbes
Discussions are currently on between the potential suitors & the Shapoorji Pallonji Group for a possible deal.
Coffee Day jumps 5% as PE firms look to pick stake in firm
The PE firms are expected to begin due diligence shortly.
WhatsApp row: Company that backed Israeli cyber technology company NSO Group has an 'India connection'
WhatsApp lawsuit reveals how private equity firms play key roles in the growth of surveillance tech companies. NSO cofounders did a classic management buyout of the company from San Francisco-based PE firm Francisco Partners. Francisco Partners was co-founded in 1999 by former TPG Capital principal Dipanjan ‘DJ’ Deb along with David Stanton, another senior TPG executive.
Blackstone, KKR join race for India’s Emami Cement
The Kolkata-based conglomerate is joining tycoons including Anil Ambani & Subhash Chandra in selling assets to pare debt as a cash crunch in markets increase funding costs. TPG Capital is also weighing a bid and could look for a local partner.
Columbia Asia in talks with investors to sell India assets for $300 million
The transaction is part of Columbia’s strategic decision to exit healthcare business in India and has mandated Morgan Stanley to run a formal process to find a buyer.
Bulge bracket PEs join prospective bidders for slice of ‘distressed’ pie
$210-bn opportunity has led to joint ventures or stressed asset funds being set up.
PEs line up for Piramal and TPG’s stake in Shriram Capital
Advent, Blackstone, CVC Capital, Carlyle and Brookfield submit initial bids
Yes bank acquires 18.5% stake of Cox & Kings by invoking pledged shares
Cox & Kings Limited has a consolidated turnover revenue of Rs 5,693.5 crore as on March 31.
YES Bank shares rally 10% on fund infusion buzz
YES is looking to raise $350-400 million through a qualified institutional placement.
TPG Capital, Arcion, IndiaRF, Haldiram Snacks, LVP Foods submit bids for Kwality Dairy
Investors including TPG Cap & LVP Foods submit bids for dairy products maker against which KKR had initiated insolvency proceedings.
Jet Airways case: Etihad's demands for open offer waiver, SBI says slots assurance not feasible
Earlier this week, SBI-led consortium of 26 lenders had decided to seek resolution under IBC as they had received only a conditional bid.
Jet Airways: Naresh Goyal withdraws from bidding after Etihad, TPG Capital threaten to walk out
A cluster of three companies said to represent Jet Airways founder Naresh Goyal has withdrawn from the bidding process for the distressed ai...
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