Large investments in the infrastructure sector have added momentum to PE/VC investment activity in India.
The stake sale is part of Indiabulls' efforts to achieve zero net debt in the current financial year.
The vehicle, Actis Long Life Infrastructure Fund, has hit its final close at $1.23 billion in August.
The private equity firm is said to be raising up to $6 billion for its seventh Asia-focused fund.
The round has valued the Chennai-based home loan company at about $706 million.
Rest of Asia
Thanks to Australian laws requiring employers to contribute at least 9% of a worker’s salary to a pension, superannuation funds are the world’s th
Vannin called off its planned IPO on the London Stock Exchange last year.
The credit team, numbering just under 100 employees in Toronto, New York, London and Hong Kong, is currently focused on growing in Asia and emerging m
Advent is acquiring about 68 per cent stake from promoters and WestBridge Capital in DFM Foods for about $118.2 million.
When compared to 2015’s high of $6.1 billion, the amount raked in by PE firms has been significantly lower.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in a
rapidly evolving landscape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more.
Be a part of our growing community now.