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Three AION Capital execs quit as Apollo-ICICI Venture JV ends

Finance

06 November, 2020

Three AION Capital execs quit as Apollo-ICICI Venture JV ends

Three senior executives have formally exited AION Capital Partners after Indian private equity firm ICICI Venture and US-based Apollo Global ......

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Future Group's PE investors in the lurch; will they sign off Reliance-Biyani deal?

Consumer

02 November, 2020

Future Group's PE investors in the lurch; will they sign off Reliance-Biyani deal?

Future Group’s multi-billion-dollar deal with Reliance Industries Ltd, which has been challenged by Amazon.com Inc, has left a half-dozen private ......

JSW Steel gets NCLT approval to buy Asian Colour Coated Ispat

Manufacturing

19 October, 2020

JSW Steel gets NCLT approval to buy Asian Colour Coated Ispat

Billionaire Sajjan Jindal-owned JSW Steel Ltd has received court approval to acquire bankrupt steel company Asian Colour Coated Ispat after ......

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

Finance

08 October, 2020

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

India's Lakshmi Vilas Bank (LVB) has received a non-binding offer from Clix Group, the private sector lender said on Thursday, ......

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

General

28 August, 2020

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

The proposed majority stake acquisition of cash-starved Lakshmi Vilas Bank by AION Capital-backed SME lender Clix Capital may be called ......

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M&A Lab: Two years after AION-JSW takeover, is Monnet Ispat out of the furnace?

Manufacturing

05 August, 2020

M&A Lab: Two years after AION-JSW takeover, is Monnet Ispat out of the furnace?

In July 2018, when a consortium of stressed assets-focussed private equity firm AION Capital and JSW Steel Ltd won a ......

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Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

Finance

08 July, 2020

Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......

Apollo Global teams up with Mubadala for new direct lending platform

Finance

06 July, 2020

Apollo Global teams up with Mubadala for new direct lending platform

Apollo Global Management has formed a global credit platform which will aim to provide $12 billion in financing over the ......

Grapevine: Clermont Group to join Clix Capital in acquisition of Lakshmi Vilas Bank

General

03 July, 2020

Grapevine: Clermont Group to join Clix Capital in acquisition of Lakshmi Vilas Bank

Singapore-based private equity player Clermont Group is likely to join AION Capital-backed Clix Capital in the acquisition of capital-starved Lakshmi ......

AION-backed Clix Capital eyes troubled Lakshmi Vilas Bank

Finance

15 June, 2020

AION-backed Clix Capital eyes troubled Lakshmi Vilas Bank

Clix Capital, a non-bank lender controlled by private equity firm AION Capital, has shown preliminary interest to acquire cash-starved Lakshmi ......