Standard Chartered Private Equity has offloaded additional 1.41% stake in Fortis Healthcare Ltd for nearly $22 million (Rs139 crore) through an open market transaction, as per a PTI report published on Monday. The development comes at a time when another private equity firm TPG Capital is bidding for a controlling… Read more »
By Nguyen Thi Bich Ngoc
Standard Chartered Private Equity (SCPE) will secure a seat on the board of Vietnam-based agribusiness firm Loc Troi Group, which was the PE investor’s second investment in the Southeast Asian country. The development was confirmed by Loc Troi, formerly known as An Giang Plant Protection Company, prior to its shareholder meeting… Read more »
While Federal Bank’s NBFC Fedfina and bakery chain Theobroma are in talks to raise funds, Reliance Capital is in talks to sell its stake in Prime Focus, and Edelweiss has attracted buyers for its gold refinery. Federal Bank’s NBFC looks to raise $46m Federal Bank‘s non-banking financial arm Fedfina, is planning to raise Rs… Read more »
On the exit side, most of the top deals were made by domestic investors, including VinaCapital and Mekong Capital. The majority of the transactions were completed through the stock exchange.
Standard Chartered Private Equity (SCPE) has made an investment of $17 million in IFMR Capital and will increase it further to total $50 million, executives from both companies said. IFMR is a financial services firm that helps financial institutions serving under-banked people raise funds. The latest fundraising by IFMR Capital… Read more »