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Thyssenkrupp sells elevator unit to Advent, Cinven consortium for $18.7 bn

Manufacturing

28 February, 2020

Thyssenkrupp sells elevator unit to Advent, Cinven consortium for $18.7 bn

Thyssenkrupp AG said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany's...

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Carlyle to make best-ever India returns as SBI Cards eyes $10-bn valuation in IPO

Finance

25 February, 2020

Carlyle to make best-ever India returns as SBI Cards eyes $10-bn valuation in IPO

Private equity firm Carlyle Group will likely record its best-ever performance from its India portfolio as it readies to pare...

Carlyle-backed SBI Cards' IPO to open on March 2

Finance

20 February, 2020

Carlyle-backed SBI Cards' IPO to open on March 2

The $1.25 billion initial public offering of SBI Cards and Payment Services, the credit card arm of State Bank of ......

Thyssenkrupp shortlists two PE groups for $17-bn elevator deal

Manufacturing

18 February, 2020

Thyssenkrupp shortlists two PE groups for $17-bn elevator deal

Germany's Thyssenkrupp has shortlisted two private equity consortia in the sale of its 16 billion euro ($17 billion) elevator...

Carlyle-backed SBI Cards, fabric processor get SEBI nod for IPO

Finance

17 February, 2020

Carlyle-backed SBI Cards, fabric processor get SEBI nod for IPO

SBI Cards and Payment Services Ltd, the credit-card issuing arm of the country’s top lender SBI, has received a green ......

Blackstone, Carlyle, CPPIB make joint bid for Thyssenkrupp's lift unit

Manufacturing

12 February, 2020

Blackstone, Carlyle, CPPIB make joint bid for Thyssenkrupp's lift unit

A consortium consisting of Blackstone, Carlyle and the Canada Pension Plan Investment Board has made a roughly 16 billion euro...

Grapevine: Apax, Carlyle, Advent eye Emcure stake; Adani, Vedanta circle Lanco plant

General

12 February, 2020

Grapevine: Apax, Carlyle, Advent eye Emcure stake; Adani, Vedanta circle Lanco plant

Adani Group and Vedanta are competing for Lanco’s Amarkantak power plant located in Chhattisgarh, which has 600 megawatt...

Bankers in Asia brace for a virus-related deal drought

Finance

11 February, 2020

Bankers in Asia brace for a virus-related deal drought

Bankers in Asia are bracing for a deal drought as efforts to limit the spread of the coronavirus epidemic have ......

Kone offers $19 bn for Thyssenkrupp's elevator business

Manufacturing

29 January, 2020

Kone offers $19 bn for Thyssenkrupp's elevator business

Finland's Kone has offered about 17 billion euros ($18.9 billion) for Thyssenkrupp's elevator unit, the highest bid so...

Carlyle co-founder Rubenstein on renewable energy's prospects, debt deals and more

Finance

24 January, 2020

Carlyle co-founder Rubenstein on renewable energy's prospects, debt deals and more

Fears about the future of energy assets have led to a sell-off, but this has created "very good opportunities" for ......

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