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Morgan Stanley-backed bulk-drugs maker ZCL Chemicals attracts four bidders

Healthcare

07 January, 2021

Morgan Stanley-backed bulk-drugs maker ZCL Chemicals attracts four bidders

Bulk-drugs manufacturer ZCL Chemicals Ltd, which had initiated talks last year to provide Morgan Stanley Private Equity Asia with...

Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

General

04 January, 2021

Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

Private equity firms Brookfield, Bain Capital, Carlyle, and UK-based Permira have initiated due diligence for buying a controlling...

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Bain Capital to pick up stake in Mumbai logistics services major

Infrastructure

16 December, 2020

Bain Capital to pick up stake in Mumbai logistics services major

Private equity firm Bain Capital has come out of a hiatus to seal its first India deal in almost three ......

Blackstone to buy Piramal Glass in second $1-bn India deal of 2020

Manufacturing

14 December, 2020

Blackstone to buy Piramal Glass in second $1-bn India deal of 2020

Blackstone Group Inc. has struck a deal to acquire Piramal Glass Pvt. Ltd at an enterprise valuation of Rs 7,500 ......

Grapevine: Omers to invest in Greenko; Blackstone wins race for Piramal Glass

General

11 December, 2020

Grapevine: Omers to invest in Greenko; Blackstone wins race for Piramal Glass

Ontario Municipal Employees Retirement System’s (Omers) infrastructure investment manager is looking to invest up to $750...

PE firms, ARCs queue up for Reliance Capital's assets

Finance

03 December, 2020

PE firms, ARCs queue up for Reliance Capital's assets

Blackstone, KKR, Bain Capital and JC Flowers and others have submitted Expressions of Interest (EOIs) for different assets of...

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Bain Capital battles Blackstone to buy Piramal Glass

Manufacturing

02 November, 2020

Bain Capital battles Blackstone to buy Piramal Glass

US-based private equity firm Bain Capital has joined bigger rival Blackstone Group Inc. in the race to take control of ......

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

General

28 September, 2020

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

After VCCircle reported last year that promoters of Granules India Ltd are looking to sell a majority stake, three global ......

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

General

16 September, 2020

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......

Pressured equity: Asia buyout firms struggle with COVID-hit portfolio

Finance

18 August, 2020

Pressured equity: Asia buyout firms struggle with COVID-hit portfolio

Baring Private Equity Asia and CITIC Capital have sold the China business of Wall Street English (WSE) at a deep ......

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