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Grapevine: True North plans an exit; Edelweiss Alts, CarDekho, Afcons in IPO news

General

03 October, 2024

Grapevine: True North plans an exit; Edelweiss Alts, CarDekho, Afcons in IPO news

Private equity firm True North is considering a complete exit from Shree Digvijay Cement Company, where it holds a 54.83% ......

Grapevine: Reliance in fray for Sumeet Industries; ATC in talks with Brookfield again to exit India

Consumer

27 April, 2023

Grapevine: Reliance in fray for Sumeet Industries; ATC in talks with Brookfield again to exit India

Billionaire Mukesh Ambani-led Reliance Industries Ltd and NRI entrepreneur Purnendu Chatterjee bought MCPI are among eight companies in the race ......

Grapevine: CDPQ, Brookfield eye strategic stakes; Livspace sacks staff

General

20 March, 2023

Grapevine: CDPQ, Brookfield eye strategic stakes; Livspace sacks staff

Canadian pension fund Caisse de dépôt et Placement du Québec (CDPQ) is in talks with American Tower Corp (ATC) to ......

Grapevine: ATC, I Squared plan stake sales; Axis Bank hires Credit Suisse exec

General

15 March, 2023

Grapevine: ATC, I Squared plan stake sales; Axis Bank hires Credit Suisse exec

American Tower Corp (ATC) is looking to sell a stake in its India operations to one or more private investors, ......

ATC set to buy out Tata Teleservices from telecom tower arm

Infrastructure

25 April, 2019

ATC set to buy out Tata Teleservices from telecom tower arm

American Tower Corp (ATC) is in talks with Tata Teleservices Ltd to acquire its remaining 13% stake in ATC Telecom ......

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Flashback 2017: Top M&As of the year

General

22 December, 2017

Flashback 2017: Top M&As of the year

Merger and acquisition activity in India eased this year, with deal volume falling to a four-year low and several high-profile ......

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M&A of the month: ATC snaps up Idea, Vodafone towers as valuations stagnate

TMT

30 November, 2017

M&A of the month: ATC snaps up Idea, Vodafone towers as valuations stagnate

Falling tenancy count and lower rentals have forced most players in the capital-intensive Indian telecommunication tower industry to ride a ......