Dear Sagraa, promoters CANNOT buy additional 5% under creeping acquisition if holding is less than 25% be it this year or next year. Holding can be increased above 24.99% only via open offer of minimum 26%. The only alternative route is - Vikas WSP can rope in a private equity investor who can buy
6.31 PM Feb 9th 2013
KKR reported a 22 per cent rise in economic net income in the fourth quarter as the pioneering private equity firm registered its most profitable year since going public, raised more money than in any other single year and gave more money back to investors than ever before.
4.58 PM Feb 8th 2013
Blackstone, 2 others to buy biz park for $367m: Sources US private equity firm Blackstone Group, along with two other companies, have agreed to buy a business park on the outskirts of Bangalore for Rs 1950 crore, two sources with direct knowledge told Reuters.
1.44 PM Feb 7th 2013
As revival & normalcy has to bring during CDR period promoter has to exalt all options like 1)by themselves 2)looking for strategic partner 3)looking for PE investor(private equity partner) etc etc otherwise they can`t survive.Bank will see the progress & future prospect only.
12.53 PM Feb 7th 2013
Source:Economic Times - CHENNAI: Hinduja Leyland Finance (HLF), the three-year-old asset financing NBFC of the Hinduja Group, has put in place a succession plan for the top post even it has come closer to finalising investment by private equity funds. Sachin Pillai, who joined HLF as COO in April
6.56 PM Feb 6th 2013
Source:Financial Express - In the last eight years, private equity funds have invested over $65 billion and some of the sectors like IT, pharma and real estate got much-needed funding to grow their businesses. Though private equity funds were very bullish on India during the boom years between
4.47 PM Feb 6th 2013
Source:Business Standard - Global private equity firm Warburg Pincus today sold 5.6% stake in electrical goods maker Havells India for Rs 455 crore.Warburg Pincus, which held its stake in Havells India through its group firm Seacrest Investment Ltd, offloaded 70 lakh shares (amounting to 5
2.32 PM Feb 6th 2013
Arihant Superstructures at its meeting held on February 04, 2013 noted the increase in availing of Term Loan/Private Equity Participation amount from Rs 25 cr to Rs 80 cr by its wholly owned Subsidiary Company Adeshwar Realty Pvt. Ltd. for its project Arihant Arshiya.
1.39 PM Feb 5th 2013
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