Ashwin Ramarathinam
Stories by Ashwin Ramarathinam
India: Multiples Private Equity sells 2.17% stake in PVR for $23.4m
This was an open market transaction.
India: ICICI Bank to sell up to 2.21% stake in ICICI Securities
As of 30 September, ICICI Bank held a 77.22 per cent stake in ICICI Securities, its broking and investment banking unit.
Arbitration filed by Amazon against Future Group in Singapore court to continue
FRL had raised objections to its inclusion as a party in the arbitration.
India’s Laurus Labs buys Richcore Lifesciences for $33m from Eight Roads, Ventureast
Richcore will be renamed as Laurus Bio Pvt Ltd.
AU Small Finance Bank sells 4.46% stake in Aavas Financiers for $71m
As per the latest shareholding pattern, AU Small Finance Bank Ltd held 4.57% in the firm.
Blackstone arm GSO Capital Partners sells 11% in Tanla Platforms for $78.5m
Blackstone sold 15 million shares in Tanla Platforms in open market transactions.
Fosun-owned Gland Pharma’s Indian IPO sails through with 2.05 times subscription
Gland is the first Chinese-owned firm to list in India.
Advent International, Temasek sell 8.77% in CG Consumer for $219m
From the beginning of the year, CG Consumer gained 24% against a rise of 4% in Nifty.
India: EuroPacific Growth Fund sells 1.27% stake in Adani Ports for $121m
EuroPacific Growth Fund held a 1.42 per cent stake in the company.
India: Baring Private Equity Asia sells 6.27% stake in Coforge for $118m
Per the latest shareholding pattern, Hulst B V, part of BPEA, held a 70.28% stake in the company.
