Top producers in last lap of Emami Cement takeover
India's top two cement makers, which together constitute about 40% of the installed capacity in the world’s second-biggest market for the building material, are competing to further consolidate their grip in the East by taking over Emami Group’s cement assets in a potential billion-dollar buyout.
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...
True North to acquire 2.4% stake in Biocon Biologics
Deal values Biocon Biologics at $3 billion
Pricing and buys may help Infosys pip TCS in growth
In the first half of FY20, Parekh's Infosys reported 10.2% growth in topline to $6,341 million.
Private equity funds go talent shopping for portfolio companies
Advent International, Blackstone, Carlyle, General Atlantic, SoftBank tapping managers for leadership roles. In the past few years, PE funds have preferred to invest in ventures where they get controlling stakes. This helps them to have greater control over operational aspects of the company.
Advent, Temasek to sell 26% stake in CG Consumer
The global investors, which together hold 34.36 per cent stake in the firm, will be diluting roughly 26 per cent of their holding through the block deal.
Advent International, Temasek arms sell 8.2% in CG Consumer
Multiple financial institutions bought 5.12 crore shares collectively, the BSE data showed.
Licious closes $30 million funding round led by Vertex Growth Fund
The announcement comes a week after ET, citing sources, had reported that the four-year-old company, founded by Abhay Hanjura and Vivek Gupta, was in advanced stages to close up to $30 million in equity financing in a round led by Vertex Growth, which announced the final close of its inaugural investment vehicle at $290 million in September this year.
GSK weighs multi-billion New Year bonanza by cashing out HUL stake
The company is hoping to cash out what will be a near 6 per cent stake in HUL.
Licious in advanced stages to close $25-30 million funding round
The latest round, which is expected to close over the next few days, will value the firm at $250-300 million, a significant uptick from the $150 million valuation it commanded in its last round of equity financing.
Tiger Global leads $20 million funding round in Infra.Market
The Series A round of financing follows the $3.5 million Infra.Market raised from Accel Partners in August earlier this year.
Temasek-EQT joint venture to launch India green energy platform
The two sponsors have promised an initial equity commitment of $500 million as the seed capital. On the back of that, the company will be raising leverage two to three times to fund both greenfield and brownfield ground-mounted projects in wind and solar electricity.
Jungle Ventures closes Fund-III at $240 million
Jungle Ventures’ latest fund is backed by Cisco Investments, German development finance institution DEG, and Singapore government-backed investment firm Temasek, among others.
Temasek plans Indian healthtech platform
Last year, the fund created the logistics platform as a joint venture along with Singbridge where Temasek would be investing in building housing across the country, both greenfield and brownfield.
Temasek, TrueNorth-CPPIB seek to invest in Biocon Biologics
Eye minority stake in Biocon Biologics; unit may be valued at $4 billion, higher than the market cap of Biocon.
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