George Smith Alexander
Share sale pushed back by about half a year.
Lakshmi Mittal’s Arcelor was chosen as preferred bidder for Essar Steel after going through multiple rounds of bidding for asset.
Zydus to Pay $628 Million for Some Kraft Heinz India Brands
Kraft Heinz has agreed to sell a portfolio of Indian businesses, including children’s milk drink Complan, to Zydus Wellness.
Creditors of Bhushan Power & Steel are poised to name JSW Steel as the preferred bidder in a sale.
Piramal Enterprises working with advisers to gauge interest in the business, known as Piramal Pharma Solutions.
KKR’s two Indian credit units may spend as much as $270 million combined to purchase portfolios from local NBFCs.
CK Hutchison Reviewing $1 Billion Italy Tower Portfolio
KKR & Co. and Blackstone Group LP are among suitors that have expressed interest in acquiring a stake in Shriram Group.
Japanese subsidiaries of Lupin produce treatments in therapeutic areas including psychiatry and neurology.
Shadow Banker in India Rushes to Sell Assets as Defaults Pile Up
Blackstone and Embassy Group plan are considering marketing the deal with a total return of about 14 percent to 16 percent.
Meeting will be hosted in New Delhi by Power Finance Corp., a state-owned firm that lends to the country’s electricity generators.
StanChart Restructures Sector Coverage as Anantharaman Retires
ArcelorMittal Boosts Essar Steel Bid to $5.8 Billion
India’s technology industry will see more billion-dollar acquisitions as the next big battleground for foreign Internet companies
The biggest M&A boom in Indian history has investment bankers preparing for even more dealmaking to come.
RBI’s 180-day deadline to restructure an estimated Rs 3.6 trillion of stressed loans may push more companies into bankruptcy.
Lenders work to resolve loans under central bank’s new rules.
Adani Power is said will take over about Rs 3,800 crore loans out of a total of Rs 5,800 crore that GMR Chhattisgarh owes.
Glaxo Heads for Record in India Ahead of Consumer Business Sale