|

News Roundup: Bain Capital Puts Rs 350Cr Into Lilliput Kidswear

14 April, 2010

Bain Capital pumps Rs 350 cr into Lilliput Kidswear :  Bain Capital is buying an undisclosed stake in Lilliput Kidswear for around Rs 350 crore, a precursor to an initial share offering next year by the retailer of apparel and accessories for children. The money will be used by the Delhi-based company to add stores and extend its product range, Lilliput founder and managing director Sanjeev Narula said. (ET)

Videocon floats SPV to buy Wadia’s Kings XI stake : Videocon Industries is in advanced talks to buy Bombay Dyeing joint MD Ness Wadia’s stake in IPL team Kings XI Punjab and has already floated a special purpose vehicle for the same, said a company official. (ET

Sumitomo Corp increases stake in Swaraj Mazda : Japanese firm Sumitomo Corp. bolstered its dominant stake in Swaraj Mazda Ltd, betting that the Chandigarh-based manufacturer of light commercial vehicles will be able to regain market share, which has dwindled to around 3%. (Mint)

Raheja vs Raheja duel to spice up retail mart : Construction baron GL Raheja is about to stretch his retail compass by taking over Homecare Retail Mart, a chain of hypermarket stores mauled by the slowdown, pitting himself against brother CL Raheja’s Shoppers Stop and Hypercity. (ET)

Welspun India to raise 1.5 bln rupees in share sale-sources : The shares will be sold at 97.5 rupees each, a discount of 14.6 percent to Monday’s close of 114.20 rupees, the sources said. The issue can be expanded to raise a further 1 billion rupees, the sources said. Motilal Oswal Financial Services is the sole arranger to the issue, which was launched late on Monday and is expected to close Tuesday evening, sources said. ( Reuters

S African ICT Datatec acquires Indian consultancy : South Africa-based ICT company Datatec has acquired BDA Connect, a management consultancy business based in Delhi as part of its expansion plans in India. Johannesburg and London listed Datatec already has links in India through its network solutions provider subsidiary Westcon. (PTI


Leave Your Comment
Lilliput Kidswear under liquidation; promoter says has a stay order

Lilliput Kidswear under liquidation; promoter says has a stay order

Shruti Ambavat 3 years ago
Kids’ apparel retailer Lilliput Kidswear Ltd, the Delhi-based firm which...
Lilliput revives IPO plan, offers shares to vendors for outstanding payments

Lilliput revives IPO plan, offers shares to vendors for outstanding payments

Diksha Dutta 5 years ago
Kidswear brand Lilliput is reviving its plans to go ahead with an initial public...
Bain Capital sues auditing & consulting giant EY in the US over Lilliput Kidswear

Bain Capital sues auditing & consulting giant EY in the US over Lilliput Kidswear

Shruti Ambavat 1 year ago
Private equity giant Bain Capital Partners has revived its fight to recover its...
No Comments

News Roundup: Bain Capital Puts Rs 350Cr Into Lilliput Kidswear

Powered by WordPress.com VIP