TEXTILES

Bombay Dyeing to sell textile processing unit to Oasis Procon for $36M

May 26, 2015 | Bhawna Gupta

Money to be used to repay debt.

Gokaldas Exports to sell one of its plants in Bangalore to Raymond

April 06, 2015 | Anuradha Verma

Blackstone holds just under 58 per cent in Gokaldas Exports.

Arvind Group settles dispute with Ralph Lauren, agrees to pay $3.2M

March 30, 2015 | Bhawna Gupta

Ralph Lauren had filed a case against Arvind Lifestyle Brands and US Polo Association alleging breach of agreement.

Alchemy Ashmore-backed Numero Uno Clothing looking to go public to raise around $25M

February 06, 2015 | Anuradha Verma, Shrija Agrawal

AA India Development Capital Fund picked 25 per cent stake in Numero Uno in 2008.

Monte Carlo shares fall 18% in market debut

December 19, 2014 | Anuradha Verma

Monte Carlo IPO was the fifth public issue to clear the ropes this year.

Blackstone part-exits garment maker Gokaldas Exports with huge haircut

December 01, 2014 | TEAM VCC

Early this year the PE firm sold 5.6 per cent of the firm at a loss.

Himatsingka buys remaining 30% stake in Italian home textile co Giuseppe Bellora

August 12, 2014 | Bhawna Gupta

It had acquired 70 per cent stake in Giuseppe Bellora in 2007 for $33.71 million.

Distressed asset investor WL Ross eyes more investment in textile sector in India

July 30, 2014 | Anuradha Verma

WL Ross forayed into India in 2006 by acquiring textile firm OCM India Ltd, known for its tweed and jacket suitings, for $37 million in cash from the SK Birla Group.

DCM Shriram sells textile spinning unit in Rajasthan for around $3M

June 25, 2014 | Bhawna Gupta

Recently the firm sold 50 per cent stake in its wholly-owned subsidiary Shriram Vinyl Polytech to US-based chemical producer Axiall.

Blackstone part exits Gokaldas Exports at less than one-third of investment cost

June 20, 2014 | Shruti Ambavat

Gokaldas Exports is one among a bunch of PIPE investments of Blackstone which are underwater.

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