Jun 12, 2021 08:48 PM IST
USL is looking to sell its mass market drinks brands as it looks to move to a bouquet of premium brands. John Distilleries, the maker of top selling Popular segment whiskey ‘Original Choice’ and premium brand ‘Paul John Single Malt’ whiskey, and global private equity giants KKR and TPG Capital in hot pursuit of brands such as Bagpiper whiskey and White Mischief vodka.
- Mar 18, 2021 04:39 PM IST
Airtel Mobile Commerce BV is currently the holding company for several of Airtel Africa's mobile money operations, and is now intended to own and operate the mobile money businesses across Airtel Africa's 14 operating countries.
- Dec 10, 2020 11:48 AM IST
In its filing with the CCI, API Holding said it will use this financing to deepen its distribution network across India and build innovative technology-first products for affordable access to healthcare across India.
- Nov 02, 2020 07:37 PM IST
A detailed chat on the deal drivers behind the Columbia Asia deal, M&A trends in the healthcare sector and the timelines for a big-bang IPO
- Oct 05, 2020 12:03 PM IST
Monetisation in Reliance Retail gathers pace
- Oct 03, 2020 09:16 AM IST
The investments from GIC and TPG value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.
- Oct 03, 2020 01:29 AM IST
This marks the second investment by TPG in a subsidiary of Reliance Industries, after a Rs 4,546.8 crore investment in Jio Platforms announced earlier this year. Reliance Retail has so far raised Rs 32,197.5 crore from a clutch of global investors in exchange for a combined 7.28 percent stake.
- Jul 01, 2019 09:53 AM IST
- Mar 29, 2019 11:19 AM IST
The Abu Dhabi-based airline may seek an additional 37 percent stake in Jet which will take its stake to 49 percent.
- Dec 04, 2018 11:37 AM IST
The sale could happen through a combination of primary capital infusion or a secondary stake sale or a combination of both
- Aug 13, 2018 11:10 AM IST
Adverse market circumstances mean that further equity infusion will be important for Jet to secure funding in the short-term, and also bolster its balance sheet to placate shareholders.
- Jan 17, 2017 08:47 AM IST
Delhi High court will hear Daiichi Sankyo's plea against the Singh brothers on Januaury 23 after it moved the court to block the stake sale in Fortis Health. It claims that the sale would dilute assets and hamper recovery of damages for the 2008 sale of Ranbaxy.
- Jan 11, 2017 08:44 AM IST
Global private firm TPG is likely to buy stake in Fortis Healthcare. The stock was up 16 percent in the morning trade, say sources. The quantum of stake to be acquired may be around 20 percent in Gurgaon-based healthcare company for Rs 2,000 to Rs 2,300 crore.
- Dec 12, 2016 08:46 AM IST
The aftermath of demonetisation has engulfed the realty sector and ICICI Bank too is bearing the brunt. The bank's plan to sell its home financing unit has again taken a back seat this year. Private equity fund TPG has decided to not pursue this acquisition over valuation differences.
- Oct 18, 2016 02:38 PM IST
The appointments are in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tata Power said in a statement today.
- Sep 02, 2015 03:17 PM IST
Shares of Max India climbed 3 percent intraday Wednesday on a media report that the company may sell its some stake in Max Life Insurance.
- Mar 14, 2014 04:31 PM IST
The company has annual revenues of 94 billion Indian rupees and hopes to touch 150 billion rupees next year. It also plans to expand into Malaysia and Singapore next year in anticipation of a potential listing in 2-3 years, Kalyanaraman said.
- Oct 04, 2013 01:47 PM IST
Promoter VP Nandakumar along with Sushama Nandakumar hold 31.55 percent stake in the company while fund houses like Baring India Pvt Equity Fund III Listed Investments, Morgan Stanley Asia, Wellington Trust Company National Association etc have 39.53 percent stake in the company as of June 2013.
- Mar 30, 2013 11:37 AM IST
Dell Inc founder Michael Dell's efforts to take the PC company private began last summer with an idea pitched by its top institutional shareholder, Southeastern Asset Management.
- Feb 21, 2013 11:19 AM IST
Sources have indicated that TPG is likely to sell its stake in Shriram Transport Finance via a block deal today. Nimesh Shah of CNBC-TV18 gives the details of the deal.
- Dec 31, 2012 09:34 AM IST
Piramal Group is in advanced talks to buy TPG‘s 20.27 percent stake in Shriram Transport Finance Corporation, reports The Economic Times. At 09:30 hrs Shriram Transport Finance Corporation was quoting at Rs 767.20, up Rs 17, or 2.27%.
- Nov 20, 2012 12:24 PM IST
The debt-laden Kingfisher Airlines rebounded in afternoon trade, rising as much as 3.91 percent to hit an intraday high of Rs 13.81 as sources say United Breweries Group has reached out to Private Equity players to sell stake in the company.
- Oct 15, 2012 10:31 PM IST
CNBC-TV18's Farah Bookwala reports that kidswear-maker Lilliput's BDR process picks up pace with the consortium of 10 lending banks set to give its final nod in October
- Apr 19, 2012 10:25 PM IST
Private equity companies Bain Capital and TPG are continuing in their struggle to uncover alleged financial irregularities at investee company Lilliput. The two PE players have filed another petition in the Delhi High Court asking that the interim audit of Lilliput be unsealed. Menaka Doshi has more on this.
- Mar 06, 2012 09:37 AM IST
TPG, Blackstone and Cerberus are eyeing stake in Kingfisher Airlines, reports Business Standard.