ReghuBalakrishnan
Stories by ReghuBalakrishnan
India: PE major KKR snaps up 10% stake in Max Financial Services
Max Financial Services is the newly demerged entity of the Max Group that owns 72% stake in Max Life, India’s fourth-largest private life insurance
India: Successful healthcare IPOs stoke up valuations of new deals
Various private equity investors as well as strategic investors who are keen to acquire healthcare assets in the market are surprised as the valuation
India: Temasek-backed ST Telemedia to buy Tata Communications Data Centre
The unit of Singapore’s Temasek will pick up a 74% stake in the Tata company in a deal valued at $600-650 mn
India: Dr Mohan’s Diabetes chain looks to raise $15m from PE investors
The move comes amid growing appetite of private equity investors for niche sub-sectors within the larger healthcare industry.
Private equity funds struggling to find exit routes in Indian port investments
Investors in private ports like Karaikal, Krishnapatnam and Gangavaram are finding it tough to exit their investments made five to eight years back.
PE major Blackstone joins race for Indian co Jaypee Group’s cement assets
With banks deciding to clean up their balance sheets and reduce stressed assets, the pressure on companies such as Jaypee Group to sell large chunks o
India: Goldman Sachs to acquire 50% stake in white goods maker Amber for nearly $60m
Goldman Sachs Group Inc. is set to invest about Rs.400 crore in Amber Enterprises Pvt. Ltd, one of the largest original equipment manufacturers (OEMs)
India: Healthcare focussed PE fund Quadria to pick 20% in Concord Biotech
Private equity fund set to pump in Rs.500 crore for a 20% stake in biotech firm; deal likely to close by month-end
