Hein Park Capital Management is exploring the sale of its stake in Cirque du Soleil Entertainment Group, the company known for its live shows in Las Vegas and elsewhere, according to people with knowledge of the matter...
Quadria, TPG eye up to 25% stake for $100 mn in Samarth Life Sciences
Private equity investors including Quadria Capital and TPG Capital have expressed initial interest to invest about $100 million for a 20-25% stake in critical care drugs provider Samarth Life Sciences, three people...
Temasek picks 17-18% stake in VFS Global for $950 million
Singapore’s Temasek Holdings Pte. Ltd has signed an agreement to buy 17-18% in Blackstone Inc.-backed VFS Global Services Pvt. Ltd for $950 million, three people aware of the matter said. The deal values the visa...
Weaver Services acquires Capital India Home Loans for ₹267 crore
Weaver Services Private Ltd, an affordable housing finance company founded by former employees of HDFC Ltd, on Wednesday announced the acquisition of Delhi-based Capital India Home Loans Pvt Ltd (CIHL) for ₹267 crore...
Temasek to acquire Rebel Foods stake for $180-200 million
Singapore’s Temasek Holdings is close to buying 20-25% stake in Rebel Foods for $180-200 million, three people aware of the development said, making it the biggest shareholder of the homegrown cloud kitchen chain...
Go First resolution professional can’t become its liquidator, says NCLT
The National Company Law Tribunal (NCLT) on Tuesday said bankrupt Go First’s current resolution professional Shailendra Ajmera cannot be appointed as its liquidator. The NCLT bench, consisting of judicial member...
Labour Scraps UK State Bank Merger in Green Investment Overhaul
The UK’s new Labour government has slashed the amount of taxpayer funds it plans to give its new National Wealth Fund by a fifth and scrapped a proposed merger between two state investment agencies as its ambitions...
Odyssey in Advanced Talks to Buy Honeywell’s Face Mask Unit
Odyssey Investment Partners is in advanced talks to acquire Honeywell International Inc.’s personal protective equipment unit, people familiar with the matter said. The private equity firm is putting the finishing...
Senco Gold in advanced talks to buy online jeweller Melorra as it takes a shine to e-commerce
Kolkata-based jeweller Senco Gold Ltd, which listed on the public markets last year, has placed a bid to acquire omnichannel jewellery retailer Melorra as it seeks to expand its presence in the e-commerce space, four...
Agritech startup DeHaat in talks to raise $100 million for acquisition, expansion. Valuation likely to remain unchanged
Agritech startup DeHaat has begun preliminary talks to raise $100 million through debt and equity for an acquisition and other business expansion plans, two people with knowledge of the development said. The funds will...
HDFC Bank approves 100% stake sale of subsidiary HDFC Education to Vama Sundari Investments for ₹192 crore
HDFC Bank has approved the complete 100 per cent stake sale of its subsidiary firm HDFC Education and Development Services to a private company for a total of ₹192 crore. The board of India’s top private lender on...
Chevron to sell assets for $6.5 bln to Canadian Natural Resources
Chevron is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources for $6.5 billion, the oil giant said on Monday as it puts in motion its divestiture plan. The all-cash deal, which is...
