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All Stories for Private Equity Firm
KKR to invest Rs 11,367 cr in Reliance Jio for 2.32% stake, fifth deal in less than a month
Fp Staff • 5 years agoWith the latest deal, Reliance Jio Platforms will get a combined Rs 78,562 crore from the five investments.
General Atlantic invests Rs 6,600 cr in Reliance Jio; with investments from Facebook, Silver Lake, Vista Equity, platform raises Rs 67,194 cr in under 4 weeks
Fp Staff • 5 years agoJio Platforms on Sunday announced that it has sold a 1.34 percent stake to New York-based private equity firm General Atlantic for nearly Rs 6,600 crore, making it the fourth such stake sale in the last four weeks.
Reliance Industries to sell $750 million stake in Jio Platforms to Silver Lake, on track to cut debt
• 5 years agoIndia’s Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc, boosting its efforts to cut debt
Reliance Jio-Silver Lake Rs 5,656 cr deal: Investment values Jio Platforms at enterprise value of Rs 5.15 lakh cr; other key highlights
Fp Staff • 5 years agoSilver Lake - one of the world's largest tech investors - on Monday agreed to invest Rs 5,655.75 crore to buy a 1.15 percent stake in billionaire Mukesh Ambani's digital unit that houses India's youngest but biggest telecom firm
SBI Cards IPO to open for subscriptions on 2 March; plans to raise Rs 9,000 cr via maiden issue
• 5 years agoSBI Cards and Payment Services, the credit card unit of the country's largest lender State Bank of India (SBI), will hit the market with the initial public offering (IPO) on 2 March
SBI's credit card arm likely to launch IPO early next month; plans to raise Rs 9,000 cr via maiden issue
Fp Staff • 5 years agoLast week, the SBI subsidiary received markets regulator the Securities and Exchange Board of India's (SEBI) approval to float an initial public offering.
CCD founder VG Siddhartha: Private equity firm KKR 'saddened' by developments; clarifies did not sell any shares to firm after February 2018
Fp Staff • 6 years agoIn a letter to shareholders, Siddhartha had said he was under tremendous pressure from one of the private equity partners and lenders
Bharti, Vodafone plan to reduce stakes in mobile tower joint venture; Airtel to raise Rs 22,400 cr via share sale
Fp Staff • 6 years agoPost the deal, Bharti Airtel and Vodafone will jointly control the combined company, and the transaction is expected to close before the end of 2018-19, subject to statutory approvals.
Jet Airways crisis: Debt-laden airline needs bigger cheque, experienced turnaround team to avert shutdown
Ajay Awtaney • 6 years agoDelta/KLM/Air France, the troika that is one of Jet Airways biggest partner for international travel, has already stopped accepting bookings for transporting Jet Airways customers on their planes under the code share pact.
Value investor Nygren bullish on Apple, still avoiding Dell
Fptechno • 12 years agoWilliam Nygren, a top manager at Oakmark Funds, said on Wednesday he remains bullish on Apple and Bank of America, but is still avoiding Dell in light of the company's plans to take the computer maker private...