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TEAM VCC

News Roundup: TPG, Warburg In Race To Invest $100M In Vasan

General

01 June, 2011

News Roundup: TPG, Warburg In Race To Invest $100M In Vasan

TPG, Warburg In Race To Invest $100M In Vasan - In a fresh round of fund raising activity, global private ......

Retail Investors Favour Timbor IPO; BCCL Gains, DB Corp Loses Ground

General

31 May, 2011

Retail Investors Favour Timbor IPO; BCCL Gains, DB Corp Loses Ground

Ad-for-equity media investor DB Corp’s (that runs the Dainik Bhaskar group) two-and-a-half-year old bet in furniture-maker Timbor has gone underwater ......

Blackstone Sells Stake In BPO Co Intelenet For $634M; Serco New Owner

TMT

31 May, 2011

Blackstone Sells Stake In BPO Co Intelenet For $634M; Serco New Owner

In one of the biggest private equity exits from an Indian firm, Blackstone, along with other shareholders of the business ......

Coromandel International To Buy Up To 73.2% Stake In Sabero Organics

Healthcare

31 May, 2011

Coromandel International To Buy Up To 73.2% Stake In Sabero Organics

Fertiliser-maker Coromandel International has struck a deal to acquire the entire 42.2 per cent stake in agri-chemicals maker Sabero Organics ......

News Roundup: Lanco Infra Joins Race For Premier Coal

General

31 May, 2011

News Roundup: Lanco Infra Joins Race For Premier Coal

Lanco Infra Joins Race For Premier Coal - After its acquisition of Australia’s Griffin Coal Mines for $760 million in ......

Rishabh Instruments Acquires Polish Firm Lumel S.A.

Infrastructure

30 May, 2011

Rishabh Instruments Acquires Polish Firm Lumel S.A.

Nashik-based Rishabh Instruments Pvt Ltd has acquired 85 per cent stake in Poland-based Lumel S.A. for an undisclosed sum. The ......

Elephant Capital Not To Make Fresh Investments In 2011; Only To Re-Up

Infrastructure

30 May, 2011

Elephant Capital Not To Make Fresh Investments In 2011; Only To Re-Up

AIM-listed and India-focused private equity firm Elephant Capital, which faced a tough year in 2010, has decided not to make ......

News Roundup: Reckitt To Sell Paras' Personal Care Arm

General

30 May, 2011

News Roundup: Reckitt To Sell Paras' Personal Care Arm

Reckitt To Sell Paras' Personal Care Arm - Reckitt Benckiser, which bought Paras Pharmaceuticals last year in one of the ......

2nd Deal In A Row: Crompton Greaves Acquires US-Based QEI for $30M

Infrastructure

27 May, 2011

2nd Deal In A Row: Crompton Greaves Acquires US-Based QEI for $30M

Avantha Group’s engineering firm Crompton Greaves Ltd has struck its second deal in about a week by acquiring US-based company ......

IFC To Lend $7M For Himadri Chem Project

Infrastructure

27 May, 2011

IFC To Lend $7M For Himadri Chem Project

International Finance Corporation (IFC) is looking to lend around $7 million (Rs 32 crore) to Bain Capital and Citigroup Venture ......