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Cerberus Capital hits exit button on India portfolio firm

Consumer

11 January, 2024

Cerberus Capital hits exit button on India portfolio firm

New York-headquartered Cerberus Capital, a global alternative investment firm with approximately $60 billion in assets across complementary credit, private equity, and real ......

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Grapevine: Tatas eye Ching's Secret maker; Awfis plans IPO; Vedanta seeks private credit

General

21 September, 2023

Grapevine: Tatas eye Ching's Secret maker; Awfis plans IPO; Vedanta seeks private credit

Tata Group's consumer unit, Tata Consumer Products, has emerged as the frontrunner to buyout the maker of condiments, food products ......

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Kuwaiti private equity-style investor inks large deal in India

Consumer

04 April, 2023

Kuwaiti private equity-style investor inks large deal in India

Asiya Capital Investments, a specialist investment firm based out of Kuwait that chases deals across private equity and real estate ......

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Cerberus wraps up India consumer services deal

Consumer

03 April, 2023

Cerberus wraps up India consumer services deal

US-based alternative investment group Cerberus Capital Management, which had set up its India office four years ago and has been ......

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

General

29 June, 2020

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

Byju’s is in advanced talks to acquire learning app Doubtnut as the Indian ed-tech giant looks to expand its reach ......

Grapevine: Airtel weighs tower unit sale; Apollo Global, Cerberus may bet on Altico

General

01 October, 2019

Grapevine: Airtel weighs tower unit sale; Apollo Global, Cerberus may bet on Altico

Telecom firm Bharti Airtel Ltd is exploring the option of completely selling its stake in its tower infrastructure business to ......

Grapevine: NIIF mulls infusion in Multiples PE fund; Aishwarya Rai invests in startup

General

16 July, 2019

Grapevine: NIIF mulls infusion in Multiples PE fund; Aishwarya Rai invests in startup

The National Investment and Infrastructure Fund (NIIF) is considering deploying $100 million (about Rs 685.4 crore at current exchange rate) ......

Dewan Housing may sell loans biz; PE firm GIP eyes RattanIndia's solar assets

General

26 April, 2019

Dewan Housing may sell loans biz; PE firm GIP eyes RattanIndia's solar assets

Dewan Housing Finance Corporation Ltd (DHFL) is planning to split its retail and wholesale loans businesses and will sell them ......

Cerebrus hires AION exec to head India biz; Suzlon may sell 49% in subsidiary

General

10 December, 2018

Cerebrus hires AION exec to head India biz; Suzlon may sell 49% in subsidiary

US private equity firm Cerberus Capital has hired Indranil Ghosh, former principal at special situations PE company AION Capital Partners, ......

BigBasket backer Abraaj seeks debt standstill; Cerberus may buy PE unit

Finance

05 June, 2018

BigBasket backer Abraaj seeks debt standstill; Cerberus may buy PE unit

Private equity firm Abraaj said on Monday it hopes to reach a deal with its secured creditors, although sources said ......