Search Results for:George Smith Alexander

Tata Group, Dabur among bidders for $1b Kraft Heinz’ India assets

Tata Group and Dabur India Ltd are among suitors selected for the second round of bidding.


It’s raining deals in India this year as country sets new $98b record

There are more billion-dollar deals being weighed, as pharma giant GlaxoSmithKline examines selling its stake in its local consumer health subsidiary, worth about $3.1 billion, and Kraft Heinz considers the sale of its children’s milk drink brand Complan in India, which may fetch about $1 billion.


Blackstone, Embassy Group said to pick banks for $1b India REIT

The Blackstone REIT, which comprises properties that count Microsoft and Rolls-Royce as tenants, would be a crucial test after much-hyped infrastructure trusts failed to gain traction in the Indian market.


Tata Motors renews talks to sell stake in engineering unit

This comes just months after Tata scrapped a deal with Warburg Pincus due to delays securing regulatory approvals and a decline in Tata Technologies’s business performance.


Indian chemical firm UPL seeks $3b loan to buy Ackman-backed Arysta

Mitsubishi UFJ Financial Group Inc. and Cooperative Rabobank UA are in talks with UPL to provide the financing.


India: Kraft Heinz mulls sale of milk drink brand Complan for $1b

Consumer acquisitions in India have more than doubled this year to $7.7 billion, up from $3.4 billion during the same period in 2017


Bharti Airtel plans Africa unit IPO in bid to pare $4.6b debt

India’s top wireless operator plans to raise as much as $1.5 billion by listing a quarter of equity in its Africa unit by early 2019 in either London or South Africa.


India’s L&T to sell unit to Schneider-Temasek consortium for $2.1b

Schneider will own 74% of the unit when the deal is complete, while Temasek will own the rest.


Manipal, Radiant Life revise offers for Indian healthcare chain Fortis

The revised offers are being submitted after Fortis’s board last week said it will only consider binding bids.


Deutsche Bank said to have called off $4.6b India portfolio sale

The German lender is considering keeping the operations after former Chief Executive Officer John Cryan stepped down this month.