You are here: Home » Markets » News
Crude set for worst week since March on OPEC+ anxiety, shows data
Business Standard

Indian PE funds looking for exit from companies toy with SPACs in US

Discussion has started between blank check companies in the US and Indian PEs on possible deals in certain key sectors

Topics
Private Equity | United States | PE funds

Surajeet Das Gupta  |  New Delhi 



private equity, PE, investors, investments, companies, firms, VC
And the preferred suitors are vertical SPACs focused on one sector and looking for diversified assets within the same sector, reducing risks, and having a playbook across geographies.

Indian (PE) funds looking for an exit from companies in which they have invested are experimenting with a new strategy — sell or merge with a special purpose acquisition company (SPAC), also known as a blank check company.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Sat, July 17 2021. 06:10 IST

RECOMMENDED FOR YOU

.