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Apollo's failed deal sows doubt on future India M&A

While some bankers said Apollo's bid for Cooper was risky due to the larger size of the target, the outcome will add to scepticism about the ability of Indian family-run firms to execute large cross-border deals despite their need to search for growth abroad.
GVK content in Australia for now with thermal coal assets

GVK Power & Infrastructure Ltd plans to steer clear of future acquisitions in Australia, at least for now, after paying USD 1.26 billion for a majority stake in three Australian coal mines and a port and rail project owned by the Hancock Group.
GVK pays $1.3 bn for stake in Australia's Hancock

GVK Power & Infrastructure will pay USD 1.26 billion for a majority stake in three Australian coal mines and a port and rail project owned by Hancock Group to secure long-term coal supplies for the Indian group's power projects.

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