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Private equity exit deals reverse course, slump to five-year low in FY23

Finance

24 May, 2023

Private equity exit deals reverse course, slump to five-year low in FY23

The number of private equity exit transactions fell to their lowest level in at least five years during the 12 months ......

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EV maker Omega in talks with PE funds, impact investors to raise $100 mn

Manufacturing

23 May, 2023

EV maker Omega in talks with PE funds, impact investors to raise $100 mn

Electric vehicle maker Omega Seiki Mobility (OSM) is in talks with a clutch of financial investors, including impact ......

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Grapevine: KKR, others in race for Glenmark Life; Ola Electric gets $6 bn tag

General

23 May, 2023

Grapevine: KKR, others in race for Glenmark Life; Ola Electric gets $6 bn tag

Private equity funds like KKR and Blackstone are in the fray to acquire a majority stake in Mumbai-based drug maker ......

Blackstone buys International Gemological Institute for $530 mn

Finance

21 May, 2023

Blackstone buys International Gemological Institute for $530 mn

Private equity giant Blackstone Inc. said it has fully acquired the jewellery certification firm International ......

Blackstone-backed Nexus Malls REIT rises on trading debut, gets $1.9 bn valuation

Infrastructure

19 May, 2023

Blackstone-backed Nexus Malls REIT rises on trading debut, gets $1.9 bn valuation

Nexus Select Trust REIT rose nearly 4% in its stock market debut on Friday, giving the Blackstone-backed retail real ......

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Grapevine: Blackstone plans buyout; Waaree, Vedanta, Whatfix in funding news

General

18 May, 2023

Grapevine: Blackstone plans buyout; Waaree, Vedanta, Whatfix in funding news

Private equity firm Blackstone is set to acquire a diamond grading firm at an enterprise value of $500-550 million, a ......

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Did Blackstone meet exit benchmark as Apax inks first new deal in two years?

TMT

15 May, 2023

Did Blackstone meet exit benchmark as Apax inks first new deal in two years?

Private equity firm Blackstone, which has in the past tasted success from its bet on the Indian IT sector with a ......

American regulator received 20 bids for SVB including big PE names

Finance

11 May, 2023

American regulator received 20 bids for SVB including big PE names

Blackstone Inc and Apollo Global Management were among about 20 bidders for some assets of collapsed Silicon Valley Bank......

Blackstone-owned Nexus Malls' $390-mn IPO sails through

Infrastructure

11 May, 2023

Blackstone-owned Nexus Malls' $390-mn IPO sails through

The initial public offering of Nexus Select Trust, the real estate investment trust that operates under Nexus Malls, was......

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Blackstone virtually gives up on take-private offer for Indian IT firm

TMT

11 May, 2023

Blackstone virtually gives up on take-private offer for Indian IT firm

Private equity firm Blackstone, which has in the past tasted success from its bet on the Indian IT sector with ......

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