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Cerberus revises bid for Altico to beat off rival suitor SSG Capital

Finance

17 February, 2020

Cerberus revises bid for Altico to beat off rival suitor SSG Capital

US-based private equity group Cerberus Capital Management has revised its offer for shadow bank Altico Capital India, a senior executive ......

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

General

14 February, 2020

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

A total of 14 entities including foreign banks, private equity funds and non-bank lenders have begun talks to buy the ......

Ares Management to acquire controlling stake in SSG Capital

Finance

22 January, 2020

Ares Management to acquire controlling stake in SSG Capital

New York-listed Ares Management Corp is acquiring a controlling stake in Hong Kong-based alternative asset manager SSG Capital Holdings Ltd ......

GMR tweaks airport deal with Tatas, GIC, SSG Capital

Infrastructure

16 January, 2020

GMR tweaks airport deal with Tatas, GIC, SSG Capital

GMR Infrastructure Ltd said on Thursday it will sell more stake than earlier planned in its airports arm to Tata ......

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Inside a Canadian firm's dispute against SSG Capital over a fraud-hit Indian company

Finance

01 November, 2019

Inside a Canadian firm's dispute against SSG Capital over a fraud-hit Indian company

Canadian financial services firm Kyko Global has been fighting a lawsuit in a US court against investment firm SSG Capital ......

Grapevine: Tatas tweak GMR airport deal; Coca-Cola may sell some India bottling plants

General

30 October, 2019

Grapevine: Tatas tweak GMR airport deal; Coca-Cola may sell some India bottling plants

Tata Group will acquire a lower stake than earlier planned in GMR Airports Ltd to comply with regulatory norms, multiple ......

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Nippon Express bets on Future Supply Chain as SSG Capital exits

Infrastructure

20 September, 2019

Nippon Express bets on Future Supply Chain as SSG Capital exits

Japanese logistics company Nippon Express Co. Ltd will acquire a 22% stake in Future Supply Chain Solutions Ltd via a ......

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Stressed assets investor SSG Capital ups stake in non-bank lender

Finance

16 September, 2019

Stressed assets investor SSG Capital ups stake in non-bank lender

Hong Kong-based stressed asset specialist SSG Capital has raised its stake in a non-banking financial company in what is only ......

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Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets

Manufacturing

27 August, 2019

Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets

Nithia Capital Resources Advisors LLP, a London-based alternative investment manager and advisory firm, aims to acquire four to five steel ......

Café Coffee Day founder VG Siddhartha's body found; firm names interim chairman

People

31 July, 2019

Café Coffee Day founder VG Siddhartha's body found; firm names interim chairman

Indian authorities confirmed on Wednesday they have recovered the body of coffee baron V.G. Siddhartha, who was missing since Monday ......