PE Funds Advent, Kedaara in discussions to acquire Sequent
The founder promoters of Sequent, including serial entrepreneur Arun Kumar, KR Ravishankar and family, together hold about 56.5% in the listed entity, while PE investor Ascent Capital holds 5% stake. JP Morgan is running the sale process.
Advent International, Temasek arms sell 8.2% in CG Consumer
Multiple financial institutions bought 5.12 crore shares collectively, the BSE da...
CarDekho raises $70 million to expand operations
Sequoia India is one of the early investors in CarDekho, having led the Series A round in 20...
Advent International acquires a 100% stake in Enamor
Homegrown investment bank Avendus was the exclusive advisor to Enamor and its shareholders on this transaction.
Advent can deploy $1.7 bn in India in 3-5 years: Chairman
Overall, India has been increasingly a more attractive environment for investments.
Advent to buy majority stake in Bharat Serums
US-based private equity fund Advent International has signed a definitive agreement to acquire a majority stake in Bharat Serums and Vaccines, valuing the company at $500 million
Advent set to buy controlling stake in Bharat Serum
Kotak PE and OrbiMed together that hold 23% stake in Mumbai-based biopharma company Bharat Serums and Vaccines (BSV) are exiting through this sale. The rest of the stake is with the Daftary family who are relinquishing control but will stay on as a minority partner, said people in the know. Advent will become the largest shareholder in the company.
CCI approves 4% stake buy in Aditya Birla Capital by Jomei Investments
Jomei Investments is a special purpose vehicle owned by Advent International Corporation while ABCL is the holding company of the financial services businesses of the Aditya Birla Group.
PE firm Advent to acquire lingerie maker Enamor
Advent International has been looking at mostly controlled deals in India.
Advent International emerges sole bidder for Bharat Serums
Kotak PE and OrbiMed together hold 23% stake in BSV. The rest of the stake is with the Daftary family.
After Market: Auto counters, YES Bank big winners; midcaps on a high
Midcap and smallcap indices outperformed the benchmark Sensex on Wednesday.
Aditya Birla Capital rises 2% on plans to raise Rs 2,100 crore
The equity capital will be raised at Rs 100 per share, which is at a 10.62 per cent premium to the ABCL closing price of Rs 90.40 as of September 4.
Vini, Vidi, Vici: WestBridge may take majority control of Fogg-maker Vini Cosmetics
West-Bridge Capital is in talks to pick up 30% more in Vini Cosmetics from Sequoia, promoters.
Advent, Birlas to pump Rs 1,000 crore each into Aditya Birla Capital
PremjiInvest to put in Rs 100 cr; fundraise to help refinance debt, provide growth equity.
Advent International raises $17.5 billion for ninth global PE fund
A number of global buyout funds have been on fundraising mode with a focus on Asian markets, especially India as the investment opportunities in India remains high for the last couple of years.
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