Deborshi Chaki
Stories by Deborshi Chaki
India: Zee Entertainment may sell 20% stake to Sony for $1.86b
The sticking point could be the quantum of stake the promoter wants to retain in Zee. Essel Group holds a 41.62% stake in Zee, of which more than half
India: L&T prepares for hostile takeover of Mindtree
Larsen and Toubro (L&T), which has been in talks to buy Cafe Coffee Day founder VG Siddhartha’s stake in Mindtree Ltd, is set to sign a binding agre
Top PE firms pushing consolidation in India’s auto-parts industry
While Blackstone Group is actively looking for assets under its Comstar platform, its peers Warburg Pincus is exploring similar deals.
Flipkart co-founder Sachin Bansal invests in NBFCs Altico, IndoStar Cap
The investment was made through BAC Acquisitions, the holding company Bansal started with investment banker Ankit Agarwal, and follows his investment
India has produced best PE returns in last few years for Blackstone, says COO Gray
India will remain among the top five markets globally for the world’s largest PE and alternative assets manager, said its president and COO Jonathan
General Atlantic may sell stake in Indian analytics firm Mu Sigma to Carlyle, KKR
The stake is expected to be valued at at least $200 million, given that Mu Sigma entered the coveted unicorn club when Mastercard invested $45 million
TPG Capital, Manipal in exclusive talks to acquire Medanta
TPG Capital and Manipal Group are currently said to be conducting due diligence on hospital operator Medanta.
KKR to infuse $14m in India ARC business by March quarter
KKR has been one of the early funds to start developing private high-yield and structured credit investing in India.
Real estate PE Xander in talks to set up logistics platform in India
Xander invests primarily in companies in infrastructure, hospitality, entertainment, retail and real estate sectors. It manages equity capital in exce
Australia’s IAG weighs SBI General Insurance stake sale
IAG, which holds 26% in the general insurer, has started preliminary talks to hire an investment bank to manage the sale process.
