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Key Stock News: Carlyle Group , Byju's,, Glenmark Pharma, TCS, Adani Enterprises - ARETE Securities Carlyle Group acquires majority stake in beauty brand VLCC for $300 million Private-equity firm Carlyle Group has acquired a majority stake in Indian beauty care and wellness solutions provider VLCC for around $300 million, two sources told Reuters on Tuesday The equity for the transaction will come from funds managed and advised by entities affiliated with Carlyle Asia Partners, Carlyle said in a statement, without specifying a deal value. Byju's seeks more time from lenders to ...
Key Stock News: Carlyle Group , Byju's,, Glenmark Pharma, TCS, Adani Enterprises - ARETE Securities
Key Stock News: Carlyle Group , Byju's,, Glenmark Pharma, TCS, Adani Enterprises - ARETE Securities
Source: ARETE Securities Ltd
11/01/2023 9:25:19 AM
Carlyle Group buys majority stake in India`s VLCC BENGALURU - Private-equity firm Carlyle Group said on Tuesday it acquired a majority stake in Indian beauty care and wellness solutions provider VLCC. The equity for the transaction will come from funds managed and advised by entities affiliated with Carlyle Asia Partners, Carlyle said in a statement, without disclosing any financial terms. VLCC founders Vandana Luthra and Mukesh Luthra will continue to hold a significant stake in the company, Carlyle said, without sharing further ...
Carlyle Group buys majority stake in India`s VLCC
Carlyle Group buys majority stake in India`s VLCC
Source: Reuters
10/01/2023 12:19:46 PM
Indian healthtech firm Indegene files for IPO, Carlyle to sell stake Indian health technology company Indegene Ltd has filed for an initial public offering, with private equity firm Carlyle looking to offload a part of its stake, draft papers filed with the market regulator showed on Thursday. Local media reported that the Bengaluru-based company was aiming to raise over 32 billion rupees ($386.73 million) through the offering. Reuters could not immediately confirm the figure. The IPO consists a fresh issue of shares worth 9.5 billion rupees and a sale o...
Indian healthtech firm Indegene files for IPO, Carlyle to sell stake
Indian healthtech firm Indegene files for IPO, Carlyle to sell stake
Source: Reuters
16/12/2022 9:30:47 AM
India's RBI gives conditional nod to Carlyle, Advent for Yes Bank stake buy India's central bank has given conditional approval to U.S. private equity firms Carlyle Group Inc and Advent International for their purchase of a combined 20% stake in Yes Bank, the private-sector lender said on Thursday. "The investors are evaluating the conditions," Mumbai-based Yes Bank said, adding that the bank and the investors will engage with the Reserve Bank of India to seek an early resolution of the conditions and get final approval. It was not immediately cle...
India's RBI gives conditional nod to Carlyle, Advent for Yes Bank stake buy
India's RBI gives conditional nod to Carlyle, Advent for Yes Bank stake buy
Source: Reuters
1/12/2022 5:12:06 PM
Yes Bank to approve J.C. Flowers as buyer for its $6 billion stressed loan portfolio Indian lender Yes Bank is likely to approve the transfer of stressed assets worth 480 billion rupees ($6 billion) to private equity firm J.C. Flowers at its next board meeting, said a source with direct knowledge. A rival consortium led by private equity firm Cerberus and Asset Reconstruction Company of India withdrew its bid after submitting an expression of interest earlier this year, two sources said. "We evaluated the loan accounts carefully and realised that there were so many...
Yes Bank to approve J.C. Flowers as buyer for its $6 billion stressed loan portfolio
Yes Bank to approve J.C. Flowers as buyer for its $6 billion stressed loan portfolio
Source: Reuters
9/09/2022 5:45:16 PM
India's PNB Housing dives 5% after scrapping fund-raising deal with Carlyle BENGALURU - Shares of India's PNB Housing Finance Ltd fell 5% on Monday to their lowest since early June after the mortgage lender scrapped a fund-raising deal with a group of investors, led by private-equity firm Carlyle Group. PNB Housing Finance said https://www.bseindia.com/xml-data/corpfiling/AttachHis/878e5bde-95d3-41cc-b570-b31450e63b56.pdf late Thursday that it had ended the deal, which was announced in May to issue shares worth 40 billion rupees ($533.2 million) to Carlyl...
India's PNB Housing dives 5% after scrapping fund-raising deal with Carlyle
India's PNB Housing dives 5% after scrapping fund-raising deal with Carlyle
Source: Reuters
18/10/2021 10:35:38 AM
PNB Housing Finance terminates deal with Carlyle on lack of visibility on legal issues PNB Housing Finance has terminated the Rs 4,000 crore deal with US-based Carlyle group for a preferential allotment. "The Board's primary objective is to raise capital to support the growth of the Company, and the Board believes that the current situation is not in the best interests of the Company and its stakeholders. Accordingly, at a meeting held today, the Board has decided not to proceed with the Preferential Issue and the share subscription agreements executed with the Prop...
PNB Housing Finance terminates deal with Carlyle on lack of visibility on legal issues
PNB Housing Finance terminates deal with Carlyle on lack of visibility on legal issues
Source: IANS
15/10/2021 9:42:14 AM
Key News - Mumbai Metropolitan Region Development Authority, Carlyle Group, Cipla Ltd, CRISIL, NBFC by ARETE Securities Key News Construction firm J Kumar Infraprojects bags Rs 1,307.8 cr order from MMRDA Civil engineering and construction company J Kumar Infraprojects Ltd on Monday said it has bagged an order worth Rs 1,307.88 crore from the Mumbai Metropolitan Region Development Authority. In a regulatory filing the company said the order is for part design and construction of balance works of Mumbai Metro Rail project   Carlyle Group to acquire controlling stake in PNB Housing Finance Pr...
Key News - Mumbai Metropolitan Region Development Authority, Carlyle Group, Cipla Ltd, CRISIL, NBFC by ARETE Securities
Key News - Mumbai Metropolitan Region Development Authority, Carlyle Group, Cipla Ltd, CRISIL, NBFC by ARETE Securities
Source: ARETE Securities Ltd
1/06/2021 9:18:39 AM