iD Fresh, which makes ready-to-cook packaged food items, is in talks to sell about 30% stake in the company for around ₹1,200 crore to global private equity funds, including Permira, Apax, L Catterton and Carlyle...
Pro Fin Capital gets green signal from Excellence Creative for 25 pc stake buy
Pro Fin Capital Services Ltd said it has received a Letter of Intent (LoI) from Hong Kong-based Excellence Creative Ltd to acquire up to 25 per cent stake in the latter for Rs 22 crore. The LoI, received on November 13...
Stake sale or merger: Grant Thornton is said to study options for $2 billion India unit
Grant Thornton International Ltd. is considering options for its Indian unit, including a possible minority stake sale or a merger with its operations in the US or Europe, according to a senior executive in India. “We...
Fairfest Announces the Acquisition of WTE Miami
Fairfest Media, organizers of OTM, the leading travel show in Asia, today announced the acquisition of WTE Miami, the fastest-growing travel trade show in the United States. The acquisition marks a milestone in...
Advent, Warburg join race for stake in Encube Ethicals
Global private equity firms Advent International and Warburg Pincus have joined the race for a stake purchase in contract drug maker Encube Ethicals Pvt. Ltd, three people aware of the development said. Apart from...
Prosus’ arm seeks CCI nod for raising stake in Rapido
An arm of Dutch investment firm Prosus has sought the approval of the Competition Commission of India (CCI) to acquire an additional stake in ride-hailing and delivery services startup Rapido. In a filing with the...
DWS Group to buy 40% in Nippon Life India AIF biz
German asset manager DWS Group will pick up a 40% stake in Nippon Life India Asset Management’s alternatives business, a release said. The stake sale in Nippon Life India AIF Management is aimed at scaling up the...
Coinbase seeks CCI nod for purchasing minority stake in DCX Global
US cryptocurrency platform Coinbase has sought the Competition Commission of India’s (CCI’s) clearance for acquiring a minority stake in DCX Global. In a filing with the antitrust regulator, Coinbase said...
Wilmar International gets CCI nod to acquire 20 pc stake in AWL Agri Business
Fair trade regulator CCI on Tuesday cleared Wilmar International’s proposal to acquire up to 20 per cent stake in AWL Agri Business Ltd from Adani Group. The move came after Adani Group in July this year announced...
Think Investments acquires 5% of anchor book in PhysicsWallah IPO
Global investment firm Think Investments has increased its stake in edtech unicorn PhysicsWallah, acquiring around 5% of the anchor portion as the company launched its Rs 3,480 crore initial public offering (IPO) on...
Tata Power to acquire 40% stake for Rs 1,572 cr in SPV for Dorjilung hydro project in Bhutan
Tata Power Limited on Tuesday announced that the company has proposed an investment of Rs 1,572 crore for acquiring a 40% stake in a special purpose vehicle (SPV) that will set up 1,125 MW Dorjilung hydro power project...
US-based investment firm Blackstone to acquire majority in Ritz-Carlton Bengaluru from Nitesh Land
US-based investment firm Blackstone is acquiring up to 55% stake in the entity that owns the Ritz-Carlton Bengaluru from Nitesh Land. According to people familiar with the development, if Blackstone picks up 51-55%...
