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Blackstone aborts plan to sell four key office assets in India

Infrastructure

21 August, 2018

Blackstone aborts plan to sell four key office assets in India

US-headquartered private equity giant Blackstone Group, which has one of the biggest portfolios of commercial properties in India, has dropped ......

Blackstone's GSO to get stake in Tanla after exiting Karix Mobile

TMT

20 August, 2018

Blackstone's GSO to get stake in Tanla after exiting Karix Mobile

Tanla Solutions Ltd has agreed to acquire enterprise mobile engagement platform Karix Mobile Pvt. Ltd in a cash-and-stock deal that ......

TPG Capital in talks to invest in Jet Airways

Infrastructure

20 August, 2018

TPG Capital in talks to invest in Jet Airways

Private equity firm TPG Capital is considering investing in India’s Jet Airways Ltd but is not close to finalizing a deal, ......

Blackstone eyes stake in Jet's loyalty unit; CPPIB may invest $500 mn in Mytrah

General

16 August, 2018

Blackstone eyes stake in Jet's loyalty unit; CPPIB may invest $500 mn in Mytrah

Private equity major Blackstone Group LP is in talks to pick up a stake in the loyalty arm of cash-starved ......

Top buyout firms in race for debt-laden Jet Airways; foreign investor eyes Future Retail

General

13 August, 2018

Top buyout firms in race for debt-laden Jet Airways; foreign investor eyes Future Retail

Private-sector carrier Jet Airways is in stake sale talks with private equity firms to raise $350-400 million, a report in ......

Blackstone eyes realty assets of Singh brothers; ARCs circle Reid & Taylor

General

31 July, 2018

Blackstone eyes realty assets of Singh brothers; ARCs circle Reid & Taylor

Private equity giant Blackstone Group is in advanced negotiations with Fortis Healthcare’s former promoters Malvinder and Shivinder Singh and Dhillon ......

Blackstone, KKR eye Golden Jubilee Hotels; govt mulls stake sale in NHPC to NTPC

General

25 July, 2018

Blackstone, KKR eye Golden Jubilee Hotels; govt mulls stake sale in NHPC to NTPC

Blackstone, KKR, JM Financial Asset Reconstruction Company and Edelweiss Asset Reconstruction Company have bid for bankrupt Hyderabad-based Golden Jubilee Hotels ......

Advent-backed ASK Group plans IPO; AION Capital joins race for InterGlobe Tech

General

18 July, 2018

Advent-backed ASK Group plans IPO; AION Capital joins race for InterGlobe Tech

ASK Group, an advisory and asset management business house, is planning an initial public offering of around $250 million (Rs ......

SoftBank's Kabir Misra to start fund; CapitaLand ends talks for Blackstone's SEZs

General

12 July, 2018

SoftBank's Kabir Misra to start fund; CapitaLand ends talks for Blackstone's SEZs

Kabir Misra, managing partner at SoftBank Investment Advisers, is in advanced discussions to launch a $200-250 million fund focusing on ......

Blackstone, Carlyle eye Kraft's India consumer food biz; ADIA may back UPL unit

General

10 July, 2018

Blackstone, Carlyle eye Kraft's India consumer food biz; ADIA may back UPL unit

US-based food and beverage major The Kraft Heinz Company is in exploratory talks with potential buyers to sell its consumer ......