Grapevine: Alpha Wave bids for stake in VLCC; Yulu Bikes eyes fresh funds
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Grapevine: Alpha Wave bids for stake in VLCC; Yulu Bikes eyes fresh funds

By Sreeja Biswas

  • 09 Aug 2024
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Grapevine: Alpha Wave bids for stake in VLCC; Yulu Bikes eyes fresh funds
Credit: Thinkstock

US-based private equity firm Alpha Wave Global has submitted a binding bid to acquire a 25% stake in VLCC Healthcare Ltd, a New Delhi-based wellness company majority-owned by Carlyle, a media report said.     The deal could value VLCC at $600-700 million (Rs 5,035-5,875 crore). Alpha Wave's bid includes a potential fresh capital infusion, contingent on ......

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