George Smith Alexander
Stories by George Smith Alexander
Blackstone holds talks to pick stake in Jet Airways loyalty arm
The private equity firm has expressed interest in a deal that could value Jet Privilege Pvt at about $429 million.
Tata Group, Dabur among bidders for $1b Kraft Heinz’ India assets
Tata Group and Dabur India Ltd are among suitors selected for the second round of bidding.
It’s raining deals in India this year as country sets new $98b record
There are more billion-dollar deals being weighed, as pharma giant GlaxoSmithKline examines selling its stake in its local consumer health subsidiary,
Blackstone, Embassy Group said to pick banks for $1b India REIT
The Blackstone REIT, which comprises properties that count Microsoft and Rolls-Royce as tenants, would be a crucial test after much-hyped infrastructu
Tata Motors renews talks to sell stake in engineering unit
This comes just months after Tata scrapped a deal with Warburg Pincus due to delays securing regulatory approvals and a decline in Tata Technologies�
Indian chemical firm UPL seeks $3b loan to buy Ackman-backed Arysta
Mitsubishi UFJ Financial Group Inc. and Cooperative Rabobank UA are in talks with UPL to provide the financing.
India: Kraft Heinz mulls sale of milk drink brand Complan for $1b
Consumer acquisitions in India have more than doubled this year to $7.7 billion, up from $3.4 billion during the same period in 2017
Bharti Airtel plans Africa unit IPO in bid to pare $4.6b debt
India’s top wireless operator plans to raise as much as $1.5 billion by listing a quarter of equity in its Africa unit by early 2019 in either Londo
India’s L&T to sell unit to Schneider-Temasek consortium for $2.1b
Schneider will own 74% of the unit when the deal is complete, while Temasek will own the rest.
Manipal, Radiant Life revise offers for Indian healthcare chain Fortis
The revised offers are being submitted after Fortis’s board last week said it will only consider binding bids.
