India Digest: Blackstone, KKR bid for Golden Jubilee; Infratel-Indus update; SaleBhai IPO

India Digest: Blackstone, KKR bid for Golden Jubilee; Infratel-Indus update; SaleBhai IPO

Photo: Pramugdha Mamgain/DealStreetAsia

Blackstone, KKR, and other global investors have placed bids to acquire the bankrupt Golden Jubilee Hotels while Bharti Infratel on Wednesday said that it has got Sebi’s approval for the merger of its operations with Indus Towers. In the markets space, SaleBhai Internet Limited, the owner and operator of B2C e-commerce platform SaleBhai.com, is set to launch its IPO on July 27.

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