Search Results for:Deborshi Chaki

UK hedge fund Emso partners Eight Capital to invest in India’s stressed assets

Eight Capital was one of the early entrants in India’s distressed assets space. Its first fund, Eight Capital Special Situations and Distressed Fund, was launched in January 2006, seeded by JP Morgan.

SBI General Insurance stake sale attracts interest from KKR, Temasek, CPPIB

The 4% stake sale is part of the pre-offer valuation exercise of SBI General Insurance before its planned initial public offering (IPO) by the end of March this year.

AION Capital targets $1b corpus for new India-focused fund

AION Capital is a joint venture between US-headquartered global private equity fund Apollo Global and domestic alternative assets manager ICICI Venture. AION had closed its maiden fund in 2014 at $825 million.

Mumbai airport stake sale said to attract Singapore’s Changi, others

The other potential bidders are German airport operator AviAlliance, India’s sovereign wealth fund National Investment and Infrastructure Fund (NIIF) and Abu Dhabi Investment Authority (ADIA).

GMR Airports in talks to raise $500m from AION Capital ahead of IPO

The funds will be used to buy out some of its private equity investors before a planned initial public offering (IPO) later this year.

Wipro, ITC, Cadila frontrunners to acquire Complan from Kraft Heinz

All three bidders are expected to submit binding bids by 15 September, the deadline set by the investment bankers—JP Morgan and Lazard.

Cash-strapped Jet Airways revives stake sale talks

The fundraising is crucial for the airline, owned 24% by Etihad Airways PJSC of Abu Dhabi, as it faces several challenges including a surge in fuel prices, a weaker rupee and intensifying competition.

Carlyle, Aion and Schneider among suitors for India’s Su-Kam Power Systems

The potential transaction would mark Carlyle’s foray into the bankruptcy space where several large assets have changed hands in the recent months.

TPG, Baring PE Asia enter fray for PNB Housing Finance

TPG Capital and Baring Private Equity Asia are looking to buy 51% stake in PNB Housing Finance valued at ₹ 10,281 crore at current prices.

India: Aditya Birla plans to raise $2.6b to acquire aluminium maker Aleris

Aditya Birla group has incorporated a separate entity under its US-based subsidiary, Novelis Inc., which will act as the bidding company.