Commodities
Manufacturing
Aramco to buy stake in JV Petro Rabigh from Sumitomo Chemical
Saudi Aramco will buy from Japan's Sumitomo Chemical a 22.5% stake in their petrochemical joint venture Petro Rabigh for $702 ......
Manufacturing
UltraTech board approves $472 mn deal to take control of India Cements
UltraTech Cement, India's number one cement maker, said its board on Sunday approved a $472 million deal to gain control ......
Manufacturing
The curious case of Convergent PE's competing bids with different partners for same asset
Convergent Finance, a private equity-style firm led by former Fairfax India executive Harsha Raghavan, is looking to strike its first bet ......
Manufacturing
Bharat Petroleum among bidders for Sri Lanka LPG terminal
Vitol Asia and Bharat Petroleum are among eight bidders for Sri Lanka's state-run LPG company and terminal as the island ......
Manufacturing
Lighthouse scores high returns in another exit move
Mid-market private equity firm Lighthouse Funds, which counts Fabindia, Duroflex, Wow! Momo and Tynor, among its portfolio firms, has hit ......
Finance
AstroTalk backer Elev8 Venture Partners sets timeline for final close of maiden fund
Elev8 Venture Partners, which was set up by a former Kae Capital partner and is raising $200 million (Rs 834.4 ......
Manufacturing
Shell to acquire Singapore's Pavilion Energy from Temasek
Shell has agreed to buy Singaporean liquefied natural gas (LNG) company Pavilion Energy from global investment company Temasek in a ......
Consumer
Mandala Capital hoping to be second time lucky with an exit move
Mandala Capital, an Indian subcontinent-focused private equity firm that invests in agribusinesses and food-related consumer sectors, has set the ball ......
Manufacturing
Adani-owned Ambuja Cements buys south Indian rival for $1.25 bn
India's Ambuja Cements said on Thursday that it has acquired Penna Cement Industries for an enterprise value of 104.22 billion rupees ......
Manufacturing
Adenia Partners hits exit button on second-last bet from third fund
Mauritius-based private equity firm Adenia Partners, focused on mid-sized businesses across Africa, marked its seventh and the penultimate exit from ......