KKR to acquire controlling stake in JB Chemicals for Rs 3,100 crore
Buyout major KKR on Thursday said it will purchase majority stake in J B ...
JB Chemicals rises 4% on KKR to buy majority stake in firm
The promoter family owns 55 per cent of the company while the rest is with the public.
KKR to buy 54% stake in JB Chemicals for Rs 3,100 crore
The stock has appreciated 60% in the past three months in anticipation of a transaction.
KKR races ahead of PE rivals to close in on JB Chemicals buy
If successful, this will be the second KKR investment in as many months.
KKR to hire TPG veteran Gaurav Trehan to head India PE biz
Trehan quit TPG earlier this week and the team was informed on Friday about his decision.
KKR, Cinven among top buyout firms weighing Unilever tea bids
The Unilever division has separately attracted interest from Swiss investment firm Jacobs Holding AG, the owner of chocolate maker Barry Callebaut AG, as well as private equity firm Clayton Dubilier & Rice, the people said.
Carlyle leads race for Piramal pharma stake
ll three have recently submitted binding offers to acquire a 20 per cent stake.
Apollo Global said to plan to end venture with ICICI Bank
ICICI Venture’s exclusive partnership with Apollo has matured, and the two parties agreed to change their relationship from April 1, a representative for the Indian company said in a statement.
o9 Solutions raises $100 million from KKR
The US-headquartered firm has a significant presence in India and provides a planning and operations platform for enterprise customers such as Walmart, Starbucks and Nestle.
Apax, KKR and PAG in final lap for JB Chemicals buyout
JB Chemicals has a market cap of Rs 5,568 crore. During the last three months, shares of JB Chemicals have gone up 26% on BSE. On Wednesday, JB Chemicals shares went up about 2% to touch at Rs 694 on BSE.
KKR looking to sell stake in Indian waste collection firm
The buyout firm has held initial talks with prospective suitors including a Chinese company, sources said.
KKR looks to join Jio fundraiser with up to $1 billion investment
Ambani wants to bring down Reliance’s holding in Jio to around 75-80% before its listing.
JB Chemicals jumps 5% as four PE firms in race to acquire promoter stake
The proposed deal valuation is 9 per cent higher than JB Chemicals’ current market capitalisation.
Jio’s revenue and profit-making ability to drive valuations going forward: Deven R Choksey
‘The global investor would find merits in a company like Reliance’
KKR-backed Eurokids in talks to buy Nasik-based Farvashi School for about Rs 227 cr
Established in 1978, the Farveshi runs three educational institutions in Nasik, including an international school that follows Cambridge curriculam. The school is spread over 39.2 acres of land in Nasik. R. S. Luth Education Trust runs the schools currently.
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