Atlantia wants to press ahead with the sale of up to 49% of its toll-road payment division Telepass and has asked bidders to submit tentative offers in late June, three sources close to the process told Reuters. Four...
Shriram Transport plans to raise ₹3,000-4,000 crore via share sale
Shriram Transport Finance Co. Ltd.(STFC) is looking to raise ₹3,000-4,000 crore via a qualified institutional placement (QIP) or preferential allotment to augment liquidity, two persons with direct knowledge of the...
Gateway Partners to pick up stake in TVS SCS for $100 million
Singapore-based private equity firm Gateway Partners has planned to acquire minority stakes in city-based TVS Group firm TVS Supply Chain Solutions for a deal valued at $100 million. According to a statement from TVS...
Latin American venture firm Mountain Nazca buys scooter company Grow
Venture capital fund Mountain Nazca has acquired a controlling stake in unlisted Latin American scooter firm Grow Mobility, the companies said on Wednesday, without disclosing financial details. Under terms of the deal...
APSEZ has sufficient financial headroom to absorb proposed buyout in Krishnapatnam Port: S&P
Adani Ports and Special Economic Zone (APSEZ) has sufficient financial headroom to absorb its proposed acquisition in Krishnapatnam Port Company (KPCL), S&P Global Ratings has said. “APSEZ’s strong...
Adani Ports to acquire 75% stake in Krishnapatnam Port Company
Adani Ports and Special Economic Zone on Friday announced its decision to acquire a controlling stake in Krishnapatnam Port Company Limited (KPCL) in what would be the largest acquisition in the port sector in India...
Adani Unit to Buy Majority Stake in Snowman Logistics
Adani Logistics, a wholly-owned subsidiary of Adani Ports on Friday announced its plans to acquire cold-chain operator Snowman Logistics with the latter’s promoter Gateway Distriparks Ltd making a complete exit. The...
Allcargo Logistics buys controlling stake in Gati
Allcargo Logistics on Thursday said it is acquiring a controlling stake in express logistics company Gati. The all-cash deal will see the company eventually acquiring about 45% in Gati through a direct purchase of the...
Adani group in talks with Krishnapatnam Port to acquire majority stake
Gautam Adani-led Adani group is in discussions with the promoters of Krishnapatnam Port Company Ltd (KPCL) for acquiring majority stake, a deal if materialises would be about Rs 5,500 crore, sources close to the port...
Pilot Flying J buying NGL Energy’s TransMontaigne assets: sources
Pilot Flying J, a top operator of highway truck stops in North America, has agreed to acquire NGL Energy Partners’ (NGL.N) TransMontaigne Product Services assets, according to two people familiar with the matter. NGL...
Shriram Transport looks to raise $200 million
Shriram Transport Finance Co. Ltd on Thursday said it aims to raise $200 million from International Finance Corp. (IFC) to fund the purchase of commercial vehicles and lending to micro, small and medium enterprises...
Shriram Transport looking to raise up to ₹10,000 crore through NCDs
Shriram Transport Finance Company Ltd on Monday said it is looking to raise up to ₹10,000 crore through a public issue of secured redeemable non-convertible debentures (NCDs) of the face value of ₹1,000 each. “The...
