Since taking the throne in 2016, King Maha Vajiralongkorn has brought management of the monarchy’s multi-billion dollar holdings under greater personal control and last year also took a $500 million stake in Thailand’s oldest bank.
‘White knight’ Evergreen had been due to acquire a holding company for Bumiputera, which has more liabilities than assets.
While venture capital firm Kalaari Capital is in talks to sell its stake in Snapdeal, US-based private equity firm Delos Capital has acquired Sage Metals. Kalaari in talks to sell stake in Snapdeal Kalaari Capital, one of the early backers of once-prolific e-commerce firm Snapdeal, is in talks to sell its… Read more »
UltraTech, controlled by Kumar Mangalam Birla, is competing with a consortium led by Dalmia Bharat Ltd., which has been chosen as the highest bidder.
While the Melbourne-based fund had invested in external infrastructure managers, over the past 18 months it has started bulking up its own teams.
The fund will mainly invest in the consumer industry and focus on market opportunities in the consumption upgrade and new retail field.
The TPG Capital-Manipal Health Enterprises combine and IHH Healthcare Bhd could acquire shares from the public and banks to wrest control of Fortis.
This is the first buyout in India planned by Phelan Energy that last year won contracts to build a 50MW unit in Rajasthan.
Wipro and Ensono have also signed a long-term partnership agreement to jointly address the hybrid IT requirements of Wipro’s new and existing enterprise customers. As part of the agreement, Wipro will make a $550-million strategic investment in Ensono’s combined entity.
In 2015, Mypoolin raised $250,000 from Qualcomm Ventures, Accel Partners, Investopad and other prominent angel investors