By Euan Rocha
Blackstone, KKR, Canadian funds have also expressed interest in Fairfax’ stake.
Since July 2015, Innotech Capitals has transacted deals exceeding $500m.
Toshiba has started the process to sell a minority stake in its flash memory chip business.
In October last year, KKR had agreed to sell 21.6% stake in TVS Logistics.
The PE firm generated around 2.5 times return on its investment.
KKR bought a significant stake in Avendus Capital for about $115 million in Nov 2015.
Vietnam Infrastructure Limited completes $50 million disposal of Southeast Asia Telecommunications Holding Pte Ltd.
An investment by ICD will be a ratification of India’s strategy on renewable energy
The early movers in Indian PE is known for control transactions in mid-market.
The PE firms in fray are CVC Capital Partners, TPG and Hellman & Friedman