Page 6 - Private Equity Firms

PE firm Multiples picks up 9.3% stake in BDR Pharma for Rs 685 cr

Multiples is the first private equity (PE) investor in BDR Pharma

Carlyle to acquire NSM Insurance from White Mountains in $1.78 billion deal

The transaction is expected to add $280 per share to White Mountains' adjusted book value

Spandana Sphoorthy, former MD Padmaja Reddy heading for truce over dues

Sources say many details yet to be worked out, and that it isn't clear if talks will lead to a comprehensive pact to end strife. Clarity expected in 10-15 days, they add

Stage set for PE majors to make a splash in India's tech startup gold rush

Indian tech startup ecosystem has attained a threshold of maturity in the last few years which makes it attractive for large PE players

French league approves $1.66 billion deal with CVC Capital Partners

The French soccer league announced an investment deal with private equity firm CVC Capital Partners as part of a new commercial subsidiary in charge of marketing media rights.

Nielsen agrees to sweetened $10-bn offer from private equity group

Nielsen will go private for $10.06 billion in a sweetened deal with a consortium of private equity firms led by Brookfield Asset Management, days after the firm rejected a takeover bid from the group

European buyout giant EQT to buy Baring Private Equity Asia for $7.5 bn

It's the biggest takeover of a private-equity company by another firm from within the industry

RBL Bank to seek PE funding amid concerns over financial health: Report

The bank is looking to raise as much as Rs 1,500 crore in 'confidence capital', say sources

PE firm TPG invests $360 mn in AI and analytics services firm Fractal

PE player Apax is exiting partially via this fund raise. It had invested $200 million in Fractal in 2019

Top Headlines: Omicron 3x more transmissible; Rs 2 trn worth IPOs next year

Business Standard brings you the top headlines at this hour.

PE players need 'patient capital' of 11 to 20 years to maximise valuations

PE funds are increasingly exploring longer investment options beyond the standard five- to 10-year template

Multiples's Renuka Ramnath on blockbuster 2021 for private equities

In an interview with Business Standard, Renuka Ramnath, founder, Multiples Asset Management, shares why it has been an exceptional year from investment, exits and investment valuation perspective

Swiss firm Firmenich buys Blackstone's 10% stake in SH Kelkar for Rs 242 cr

Stake was sold at Rs 173 a share; SH Kelkar stock last closed at Rs 183.5, up 20%

At $54-bn value, interest in GSK's arm may lead to biggest-ever buyout

Advent International, CVC Capital Partners and KKR are among potential suitors for GSK's consumer unit

PE firm KKR affiliate sells part of its stake in Max Healthcare

The shares were sold by Kayak Investment holdings, an affiliate of the private equity firm KKR for Rs 350 per share

PE major Advent International to buy 72.56% stake in Eureka Forbes

Private equity firm Advent International will buy a controlling stake of 72.56 per cent in Eureka Forbes for approximately Rs 4,400 crore, it's parent Shapoorji Pallonji Group (SPG) has said.

Singapore SPACs need to go hunting in India, Indonesia for promising firms

Singapore has seen just three initial public offerings this year, garnering less than $250 million.

PepsiCo to sell Tropicana, other juices, to PE firm in $3.3 bn deal

PepsiCo will have a 39% non-controlling stake in a newly formed joint venture in the deal with PAI Partners

Domestic PE firm ICICI Venture sees bigger gains from smaller deals

Instead of competing with global majors, the domestic PE firm is positioning itself as a 'bottom-up' player offering local expertise

PNB board meeting on Friday; PNB Housing Finance issue may come up

The board of state-owned PNB is schedule to meet on Friday, which among other routine agenda may take up the proposed investment of Rs 4,000 crore by US-based private equity firm Carlyle and others