ReghuBalakrishnan
Stories by ReghuBalakrishnan
India: New Silk Route Partners in talks to sell Moshe’s Fine Foods stake
NSR is among several India-focused PE funds that are in process of selling their restaurant chains. Last year, NSR made a few partial exits after thre
China’s Fosun to launch private equity business in India
Fosun has hired Rahul Raisurana, a former managing director at Standard Chartered Private Equity’s India unit, to head the operation. Raisurana, who
India: Private equity investors revise plans for stake sale in SRL Diagnostics
International Finance Corp. (IFC), NYLIM Jacob Ballas and Avigo Capital Partners had put their 34% stake in SRL on the block last year and were in tal
India: Diversified Piramal Enterprises to undertake restructuring to unlock value
Apart from restructuring existing businesses, Piramal Enterprises may look to enter new businesses as well. The group has plans for investments in str
China’s Fosun makes offer to buy India’s KKR-backed Gland Pharma
KKR, which owns a significant minority stake in Gland Pharma, would see its second private equity exit in India in 2016 if the deal materialises. Fosu
India: General Atlantic, Temasek in talks to buy stake in Aster DM Healthcare
Investors look to pick up 10-15% stake in Dubai-based Aster DM Healthcare, which is planning an initial public offering in early 2017. DM Healthcare,
US call centre operator Convergys in talks to buy Minacs in $500m deal
Capital Square Partners Pte Ltd and CX Partners Llp, the private equity firms which own Minacs, had put the company on the block in January. Converg
India: Dewan Housing in talks to buy Andromeda for up to $37m
Andromeda Group, acquired by the Malaysian venture capital fund Navis Capital in 2007 for Rs.180 crore, was sold to Casa Capital in 2012 after carving
India: With KKR backing, Classic Stripes promoter buys back control stake from Navis Capital
Navis acquired a 51% stake in Classic Stripes in 2011. The latest transaction has enabled Navis to monetize its shareholding and will allow the promot
India: IDFC Alternatives in talks with ACME Solar to invest $90m
The rush of money that the Indian renewable energy sector saw last year has continued into 2016, as investors look to cash in on the opportunity, a st
