PE Funds Advent, Kedaara in discussions to acquire Sequent
The founder promoters of Sequent, including serial entrepreneur Arun Kumar, KR Ravishankar and family, together hold about 56.5% in the listed entity, while PE investor Ascent Capital holds 5% stake. JP Morgan is running the sale process.
Private equity funds go talent shopping for portfolio companies
Advent International, Blackstone, Carlyle, General Atlantic, SoftBank tapping...
Private equity party set to continue in New Year; may see 15-20% growth in investments
PE and VC investments soared 18 per cent to $44.2 bill...
Everstone to invest $50 million in KKR-backed Slayback Pharma
Everstone joins existing institutional investor KKR, who first invested in Slayback with a $60 million commitment in December 2016.
Shriram Group looks to dilute 5% each in life & non-life biz
The transaction, in preliminary stages, is part of the group’s thinking to unlock cash to fund its aggressive growth plans.
Zydus Cadila in talks to sell two units for Rs 1,200 crore
This is part of a broader strategy to reduce debt in the company’s capital structure after it borrowed more to help finance the Rs 4,600-crore acquisition earlier this year of Heinz India’s consumer wellness business. Zydus has approached larger rivals, such as Cipla and Sun Pharmaceutical Industries, besides financial investors.
IPOs worth Rs 51,000 crore lapsed in 2019 as fund raising hit lowest since 2014
In SME segment, it was the first year of negative growth in fund mobilisation since inception.
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 are the only ones left in the race for stake in CCD. "After an analysis, the company (CDEL) had arrived at an amount that needs to be invested if CCD were to survive and those who opted out were not willing to commit the requisite amount," said a person involved.
Private equity picks through rubble of India NBFC crisis
The funds have invested about $2 billion this year in the country’s non-bank financing sector.
View: Private equity spies profit in India's distress
Will workers in rich nations profit from India's distress or get burned?
Private equity firms want a big sip of Café Coffee Day
KKR, TPG and Bain sign non-disclosure pacts with CDEL; Louis Dreyfus may also join race.
Alok Oberoi joins Everstone as executive chairman
Alok has spent over 14 years at Goldman Sachs, led Goldman Sachs’ Wealth Management business in Asia.
Bain Capital looks to team up with Sunil Munjal to buy Max Financial Services
Apax Partners also approached; Hero Corp & Analjit Singh currently in exclusive discussions
Carlyle to sell 3% in SBI Life at Rs 930-940
Through the block deal, Carlyle Group will raise up to Rs 2,820 crore.
Realty attracts $14 billion foreign PE investments since 2015: Report
Indian real estate attracted nearly $14 billion of foreign private equity between 2015 and 2019.
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