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AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

Finance

08 October, 2020

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

India's Lakshmi Vilas Bank (LVB) has received a non-binding offer from Clix Group, the private sector lender said on Thursday, ......

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

General

28 August, 2020

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

The proposed majority stake acquisition of cash-starved Lakshmi Vilas Bank by AION Capital-backed SME lender Clix Capital may be called ......

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M&A Lab: Two years after AION-JSW takeover, is Monnet Ispat out of the furnace?

Manufacturing

05 August, 2020

M&A Lab: Two years after AION-JSW takeover, is Monnet Ispat out of the furnace?

In July 2018, when a consortium of stressed assets-focussed private equity firm AION Capital and JSW Steel Ltd won a ......

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Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

Finance

08 July, 2020

Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......

Apollo Global teams up with Mubadala for new direct lending platform

Finance

06 July, 2020

Apollo Global teams up with Mubadala for new direct lending platform

Apollo Global Management has formed a global credit platform which will aim to provide $12 billion in financing over the ......

Grapevine: Clermont Group to join Clix Capital in acquisition of Lakshmi Vilas Bank

General

03 July, 2020

Grapevine: Clermont Group to join Clix Capital in acquisition of Lakshmi Vilas Bank

Singapore-based private equity player Clermont Group is likely to join AION Capital-backed Clix Capital in the acquisition of capital-starved Lakshmi ......

AION-backed Clix Capital eyes troubled Lakshmi Vilas Bank

Finance

15 June, 2020

AION-backed Clix Capital eyes troubled Lakshmi Vilas Bank

Clix Capital, a non-bank lender controlled by private equity firm AION Capital, has shown preliminary interest to acquire cash-starved Lakshmi ......

ICICI Venture, Apollo Global to end joint venture AION Capital

Finance

10 June, 2020

ICICI Venture, Apollo Global to end joint venture AION Capital

Homegrown private equity firm ICICI Venture, a unit of ICICI Bank, and US-based Apollo Global Management Inc. are ending their ......

Grapevine: TVS Group, others may back CG Power; Everstone may part-exit Burger King

General

24 March, 2020

Grapevine: TVS Group, others may back CG Power; Everstone may part-exit Burger King

TVS Group, along with a clutch of special situation investors like AION Capital, India Resurgence Fund - a consortium of ......

IFC to invest nearly $30 mn in Future Lifestyle Fashions

Consumer

20 February, 2020

IFC to invest nearly $30 mn in Future Lifestyle Fashions

International Finance Corporation will invest Rs 213 crore ($29.7 million) in Future Lifestyle Fashions Ltd, joining private equity firms Blackstone ......