Mumbai: US private equity fund CA Emerald Investments, an affiliate of Carlyle Asia Partners, is looking to sell its entire 1.9 per cent stake in worth Rs 2,160 crore through the stock exchange platform on Thursday, according to a term sheet issued by the sole book-runner BofA Securities. The sale price has been fixed at … Read more
MUMBAI: Rabo Equity Advisors, the food and agriculture-focused private equity fund, has sold its 21.7 per cent stake in Vacmet back to its promoters, making around 2.5 times returns on its investment. Almost a decade after the fund invested Rs 50 crore in the company, it has exited through buyback from promoters over two tranches, … Read more
MUMBAI: Private equity fund Advent International has agreed to buy a controlling stake in Hyderabad-based API manufacturer Ra Chem Pharma from its parent Bangalore-based Micro Labs in a deal valuing the company for about Rs 1300 crore, said multiple people aware of the development. The US private equity fund is understood to have pipped a … Read more