George Smith Alexander
Stories by George Smith Alexander
Airtel said to push back listing plans of $8b African business
Bharti said last week its African unit raised $1.25 billion from investors including Warburg Pincus, Temasek Holdings Pte and SoftBank Group Corp.
Kraft said to agree sale of part of Indian portfolio to Zydus
Tata Group, India’s biggest conglomerate, and consumer-goods manufacturer Dabur India Ltd. were also among suitors for the Kraft Heinz businesses.
India: Piramal Enterprises said to mull $1b contract pharma unit sale
In 2010, Piramal Enterprises sold its branded generic-medicine unit in India to Abbott Laboratories for $3.7 billion.
KKR seeks to buy assets from stressed Indian NBFCs
KKR's two Indian credit units may spend as much as 20 billion rupees ($270 million) combined to purchase portfolios from local NBFCs.
CK Hutchison said to review $1b Italy telecom tower portfolio
CK Hutchison is replenishing its funds after spending 2.45 billion euros ($2.8 billion) earlier this year to buy out partner Veon Ltd.’s stake in th
India: Blackstone, KKR among suitors to pick Shriram stake in $3b deal
A deal would require Shriram Capital to first finalize plans for a three-way merger with its publicly traded arms.
Blackstone said to plan yield of up to 7% for India’s first REIT IPO
The firms plan to file a preliminary prospectus with the Indian capital markets regulator this week for the REIT, which will hold more than Rs 300 bil
India’s IL&FS said to plan $4.2b asset sale as defaults pile up
Investors are concerned that defaults by IL&FS, which has total debt of $12.6 billion -- 61 percent in the form of loans from banks and other financia
Once-in-a-lifetime deals fuel a $100b India M&A boom trouncing previous annual record
Transactions involving Indian companies have reached $104.5 billion in 2018, trouncing the previous annual record with almost four months left in the
Indian billionaire Adani said to near deal to buy GMR power plant
Adani Power will take over about 38 billion rupees ($543 million) of loans out of a total of 58 billion rupees that GMR Chhattisgarh Energy owes.
