By Pramugdha Mamgain
Dr. Reddy’s intends to streamline manufacturing operations and reduce costs through this sale.
HNA had bought Pactera from Blackstone in 2016 for $675 million (515 million pounds) in cash.
Amazon is reportedly eyeing a 30 per cent stake in Spencer’s Retail but talks have been held up due to differences over valuation.
Multi-boutique asset management firm Pacific Current Group had invested in Aperio in January 2016, paying a total of $31.8 million.
India has emerged as one of the most favourable destinations for renewable energy with investments of about $42 billion. Over the next four years, the green energy sector has a business potential of $70-80 billion.
The Vietnam solar projects are part of AC Energy’s overall goal of expanding beyond the Philippines and growing its presence in Southeast Asian markets.
IFC already holds a 9.98 per cent stake in PT Bank KEB Hana Indonesia, a mid-size bank with an asset base of IDR 40,654 billion ($2.7 billion).
StanChart and Indonesian conglomerate PT Astra International jointly control PT Bank Permata tbk, each owning 44.56%.
Chinese consumers are the biggest buyers of luxury goods worldwide and so far the trade war with the United States has not dented that demand.
The fund would get a 24.99 percent stake in YPF Energia Electrica SA.