Ridhima Saxena
Stories by Ridhima Saxena
Brookfield overtakes US giant Blackstone as largest private investor in India
Brookfield invested nearly $6.28 billion last year, outpacing Blackstone’s investments of $2.38 billion.
Danish packaging company Hartmann acquires Mohan Fibre
The acquisition is in line with its strategy, which entails significant investments in existing markets.
Automation startup LogiNext gives 16-fold exit to angel investor
Angel investor Sanjay Mehta has backed over 130 companies, including OYO Rooms and Box8.
Cube Highways plans to raise $500m to refinance debt
Cube, the biggest buyer of road assets in India, is looking to tap the dollar bond market for the fundraise.
Realty, infra sectors drive buyouts in India to record high in 2019
In 2019, there were 58 transactions worth $16.2 billion, compared with 49 transactions worth $10.4 billion in 2018.
India: Vadilal ice cream in talks to sell biz to Arpwood Partners, PAG
The transaction is likely to value the business at around $142.8 million.
Carlyle, Orkla, TA Associates in race to buy Sunrise Foods
The promoters are looking to sell a controlling stake in the company at a valuation of over $351 million.
India: Sustainable energy firm ReNew Power raises $450m via dollar bonds
The bonds are priced at a coupon rate of 5.875% and will be issued in two tranches with an average maturity of five and a half years.
Buyout funds will become the new conglomerates: EY’s Soni
Over time, buyout funds with multiple, scaled-up businesses in diverse sectors under their control, will begin to look similar to diversified conglome
India: Carlyle to sell stake in Visionary RCM
Carlyle had bought a majority stake in the company in December 2017 for nearly $65 million.
