George Smith Alexander
Stories by George Smith Alexander
India: SBI Insurance unit said to pick Deutsche, BNP Paribas for IPO
SBI is “exploring the possibility” of selling 8% stake in the insurer.
India: KKR said to be in advanced talks to buy diagnostics firm SRL
The deal could value New Delhi-based SRL at about Rs5,000 crore ($774 million).
India: Yes Bank share offering succeeds, second time around
The Indian lender has put last year’s failed share offering behind it.
India’s Fortis Healthcare considering buyout of Singapore’s RHT Health Trust
Deliberations on the potential take-private deal are at an early stage
India: Brookfield, ATC vying for Idea and Vodafone’s tower assets
The deal could be worth $1.5 billion.
Alternative investment firm TPG sees opportunities in Asian healthcare, finance
TPG’s Asian investment arm manages about $6b in assets
IndusInd in advanced talks to acquire MFI Bharat Financial
IndusInd could announce the purchase in the next month.
India: Canadian pension fund CPDQ looks to buy stake in Kotak Mahindra Bank
A sale would help Kotak comply with a central bank directive to cut his ownership in the lender to 30%.
JM Financial’s Kampani says reforms will boost India stressed-asset deals
Indian stressed-asset deals will increase this year as bad loans rise.