New Mountain Capital, LLC, US based investment firm, has made a strategic investment in the Chennai & Texas -based healthcare Access Healthcare, the company announced on Tuesday. Financial details were not mentioned...
PAG acquires majority stake in packaging co Pravesha
PAG, a leading Asia Pacific-focused private equity investment firm, has acquired a majority stake in Pravesha Industries, one of the leading packaging companies focused on the pharmaceutical industry, the company said...
Quadria Capital buys 15% stake in Pharma company for $100 mn
Aragen Life Sciences, a leading Contract Research, Development and Manufacturing Organization (CRDMO), has raised a $100 million investment from Quadria Capital, an Asia healthcare-focused Private Equity fund, said the...
NCLT nod for Zepto parent’s merger with Singapore unit
The National Company Law Tribunal (NCLT) has approved the merger of Kiranakart Technologies, which operates quick commerce platform Zepto, with its Singaporean affiliate entity Kiranakart Pte Ltd—a move that will help...
Temasek noses ahead in Haldiram race, Alpha Wave still in fray
Temasek is said to be leading in discussions to buy a minority stake in Haldiram Snacks Food for northwards of $1 billion after it chose to go solo, following Bain Capital opting out of the fray after the two had...
Agrochem company Crystal Crop buys Bayer’s herbicide input business
Agrochemical firm Crystal Crop Protection on Sunday said it has acquired the herbicide active ingredient Ethoxysulfuron from Germany’s Bayer AG for sales in select Asian markets, in a deal expected to boost its...
IFC, ADB, DEC get CCI’s clearance to acquire stake in Fourth Partner Energy
Fair trade regulator CCI on Tuesday cleared the World Bank’s IFC, Asian Development Bank (ADB) and German government’s DEG proposal to acquire a stake in Fourth Partner Energy. IFC — a member of the...
Sun Pharma shares in spotlight as company to sell 100% stake in Japanese arm
Sun Pharmaceutical Industries’ share price will remain in focus on Wednesday after the company announced its plan to sell its entire holding in its Japanese subsidiary. In an exchange filing, Sun Pharma stated...
China’s Alibaba to offload Sun Art stake to DCP for $1.6 billion
China’s Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital for HK$12.298 billion ($1.58...
Adani Enterprises to exit Wilmar JV in $2 billion deal
Adani Enterprises Ltd (AEL) is set to exit its 25-year-old joint venture with Wilmar International in a deal worth around $2 billion. The funds will be used by AEL for its core infrastructure platforms such as energy...
Lupin acquires ‘Huminsulin’ in India from Eli Lilly and Co
Pharma major Lupin Ltd on Monday said it has acquired the anti-diabetic medicine ‘Huminsulin’ in India from Eli Lilly and Company for an undisclosed sum to further enhance its diabetes portfolio. Lupin has...
Blackstone, Carlyle and other PEs submit bids to unlock Access’ majority stake
About half a dozen global private equity funds including Blackstone, Carlyle, TPG, New Mountain Capital and Hillhouse Partners have shown interest in acquiring a majority stake in Chennai and Texas-based healthcare BPO...
