New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Dec 11, 2012:
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1) R Systems To Acquire ERP Biz Of Nikko Computer Systems
http://www.dealcurry.com/20121211-R-Systems-To-Acquire-ERP-Biz-Of-Nikko-Computer-Systems.htm
R Systems International is set to acquire the ERP business of Nikko Computer Systems Pte. Ltd. through its subsidiary in Singapore, ECnet Ltd.
The acquisition is aimed at helping the company strengthen its ERP business and customer base in South East Asia along with good Japanese client base.
Nikko Computer Systems provides ERP implementation and support services primarily to Japanese companies located in Singapore and Malaysia.
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2) TASL Acquires Majority Stake In Aurora Integrated Systems
http://www.dealcurry.com/20121211-TASL-Acquires-Majority-Stake-In-Aurora-Integrated-Systems.htm
Tata Sons subsidiary - Tata Advanced Systems Limited has acquired majority stake in Aurora Integrated Systems Limited.
PXV Law Partners advised AIS while AZB & Partners assisted the in-house legal team of TASL.
AIS develops indigenous technology, manufacturing and integrating state-of-the-art airborne systems with a focus on small Unmanned Aerial Systems.
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3) DLF To Sell Stake In Wind Power Business To Bharat Light
http://www.dealcurry.com/20121211-DLF-To-Sell-Stake-In-Wind-Power-Business-To-Bharat-Light.htm
K P Singh led - DLF is likely to sell a substantial part of its wind energy to Bharat Light & Power for about R700 Cr. The deal is likely to close in next two weeks, according to FE.
DLF is selling its wind power business as a part of its strategy to sell non-core assets to cut its debt. In July, the company’s investors had approved selling DLF’s wind energy business.
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4) Tata Housing Raises Debt From IDFC
http://www.dealcurry.com/20121211-Tata-Housing-Raises-Debt-From-IDFC.htm
Tata Housing Development Company, after raising around R70 Cr by minority stake sale in one of its luxury project to American firm Portman Holdings, has raised R300 Cr by issuance of NCDs to IDFC.
The NCDs are divided in two parts with maturity of three and five years and are planned to be deployed in the coming 3-4 months.
In the last quarter, the company also augmented its capital by a commercial paper issuance worth R150 Cr which is to be used for working capital requirements.
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5) Etihad Airways To Buy Stake In Kingfisher
http://www.dealcurry.com/20121211-Etihad-Airways-To-Buy-Stake-In-Kingfisher.htm
Etihad Airways may acquire 48% stake in Kingfisher Airlines for around R3000 Cr, according to Mint.
Abu Dhabi-based Etihad will initially buy a 30% holding in December and a further 18% by next August.
Recently, Etihad was planning to acquire 24% stake in Jet Airways.
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6) Bartronics Acquires Controlling Stake In American Firm Systems America
http://www.dealcurry.com/20121211-Bartronics-Acquires-Controlling-Stake-In-American-Firm-Systems-America.htm
Bartronics Asia Pte. Ltd., a wholly owned subsidiary of Bartronics India Limited, has acquired 51% stake in Systems America Inc.
In a BSE disclosure, the company stated that in consideration of swap of shareholding, Bartronics America Inc. is now owned by Systems America.
Also prior to the transaction, Bartronics America Inc. was rechristened to mCloud Inc. to reflect its diversification into mobile and cloud computing businesses.
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7) Wipro Divests Sunflower Brand To Cargill
http://www.dealcurry.com/20121211-Wipro-Divests-Sunflower-Brand-To-Cargill.htm
Wipro Limited has divested decades old Vanaspati Brand 'Sunflower' to American food producer and marketer Cargill India.The decision of divesting Sunflower brand will help the company to focus on core market segments like Personal Care, Skin Care, Wellness and Lightning business.Last week, Wipro acquired East Asian skincare focused company L.D. Waxsons Group, which is line with strategy to focus on core market segments.
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8) Bharti Infratel Raises Anchor Investments
http://www.dealcurry.com/20121211-Bharti-Infratel-Raises-Anchor-Investments.htm
Bharti Infratel has raised R651.7 Cr from 18 anchor investors including Morgan Stanley and Sundaram MF, ahead of the R4,500 Cr IPO, according to BL.
The company has allocated 2.83 Cr shares or 15% of the issue size at R230 per share to the anchor investors.
The anchor investors include AllianceBernstein, Battery March, Clough Capital, Columbia Wagner, Morgan Stanley, Route One Capital, Sundaram MF, Wellington among others.
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Wednesday, December 12, 2012
Tuesday, December 11, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Dec 10, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Dec 10, 2012:
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1) Amplus Realty Fund Invests In Assetz Homes' Bangalore Project
http://www.dealcurry.com/20121210-Amplus-Realty-Fund-Invests-In-Assetz-Homes-Bangalore-Project.htm
Amplus Realty Fund-I, a real estate focused fund in the Gujarat region, made its first investment in a realty project in Bangalore, through a JV with Assetz Homes Pvt. Ltd.
The fund has a target corpus of R200 Cr (with a green shoe option of R100 Cr) and is open for subscription for second closing and is expected to achieve its targets by April next year.
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2) Well-established Seed Company Looking For Full Divestment
http://www.dealcurry.com/20121210-Well-established-Seed-Company-Looking-For-Full-Divestment.htm
A well established and research driven seed company is looking to sell off its business. The entity is debt free and profitable with good infrastructure for production, processing and quality control and extensive marketing network. It is also DSIR recognized and has seed license of several states.
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3) NVP Invests In Mercatus Backed Attune Technologies
http://www.dealcurry.com/20121210-NVP-Invests-In-Mercatus-Backed-Attune-Technologies.htm
PE firm Norwest Venture Partners has invested $6 Mn in cloud based healthcare IT company Attune Technologies, according to BS.
Attune Tech is a healthcare focused IT company and CEO Arvind Kumar stated the funds would help the company grow its cloud platform in India and other key global markets.
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4) Ecosystem Ventures Invests In SimpliBuy
http://www.dealcurry.com/20121210-Ecosystem-Ventures-Invests-In-SimpliBuy.htm
Ecosystem Ventures has invested undisclosed amount in SimpliBuy Technologies Private Limited, a technology startup in Pune.
Founded by Arun Purohit and Rajeshwari Joshi, SimpliBuy is a technology company involved in creation of a hyperlocal price information system.
Its flagship product – WIC (Where is Cheapest Price?) enables users to search product across various categories in 4 cities including Pune, Bangalore, Delhi, Mumbai and Kolkata, according to nextbigwhat.com.
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5) Mantri Realty To Raise Funds Through PE
http://www.dealcurry.com/20121210-Mantri-Realty-To-Raise-Funds-Through-PE.htm
Real estate developer - Mantri Realty is planning to raise PE funds by selling stake in its upcoming projects.
Mantri Realty will invest around R750 Cr to develop three housing projects in Maharashtra and Karnataka over next two-three years.
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6) KPO Evalueserve To Be Sold By Promoters
http://www.dealcurry.com/20121210-KPO-Evalueserve-To-Be-Sold-By-Promoters.htm
Promoters of the KPO firm Evalueserve have put the company on the block after successfully running it for 12 years, as stated on ET.
Swiss family office IHAG Holdings (minority stakeholder) is also set to exit.
UBS and Deutsche Bank are advising the promoters on the sale.
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7) Sugana Group Forms JV With Israeli Firm - Shatal Engineering
http://www.dealcurry.com/20121210-Sugana-Group-Forms-JV-With-Israeli-Firm-Shatal-Engineering.htm
Sugana Group has entered into JV with Israeli firm - Shatal Engineering for marketing light construction machinery in the domestic market.
The JV - Sugana Shatal will be launched tomorrow and Sugana would manufacture motors for the entire machinery.
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8) Shree Ganesh Forms JV With Rocks Creation Of Bangladesh
http://www.dealcurry.com/20121210-Shree-Ganesh-Forms-JV-With-Rocks-Creation-Of-Bangladesh.htm
Shree Ganesh Jewellery House has entered into a JV with Rocks Creation for setting up a manufacturing unit in Dhaka.
Rocks Creation is into retail, jewellery and textiles.
Both the partners are initially set to invest R20 Cr in the 75:25 JV which will be scaled up to R50 Cr and will have an annual manufacturing capacity of 200 kg of gold jewellery.
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9) Wipro Acquires Singaporean FMCG Firm - L.D. Waxson
http://www.dealcurry.com/20121210-Wipro-Acquires-Singaporean-FMCG-Firm-L-D-Waxson.htm
FMCG and IT major Wipro Limited has acquired East Asian skincare focused company L.D. Waxsons Group.
The 100% shareholding agreement was concluded for an all cash consideration of $144 Mn and will help Wipro scale to the top position in the facial skincare market in Malaysia and Singapore along with expansion of its Chinese presence and other Asian markets.
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You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
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1) Amplus Realty Fund Invests In Assetz Homes' Bangalore Project
http://www.dealcurry.com/20121210-Amplus-Realty-Fund-Invests-In-Assetz-Homes-Bangalore-Project.htm
Amplus Realty Fund-I, a real estate focused fund in the Gujarat region, made its first investment in a realty project in Bangalore, through a JV with Assetz Homes Pvt. Ltd.
The fund has a target corpus of R200 Cr (with a green shoe option of R100 Cr) and is open for subscription for second closing and is expected to achieve its targets by April next year.
------------------------------------------------------------------
2) Well-established Seed Company Looking For Full Divestment
http://www.dealcurry.com/20121210-Well-established-Seed-Company-Looking-For-Full-Divestment.htm
A well established and research driven seed company is looking to sell off its business. The entity is debt free and profitable with good infrastructure for production, processing and quality control and extensive marketing network. It is also DSIR recognized and has seed license of several states.
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3) NVP Invests In Mercatus Backed Attune Technologies
http://www.dealcurry.com/20121210-NVP-Invests-In-Mercatus-Backed-Attune-Technologies.htm
PE firm Norwest Venture Partners has invested $6 Mn in cloud based healthcare IT company Attune Technologies, according to BS.
Attune Tech is a healthcare focused IT company and CEO Arvind Kumar stated the funds would help the company grow its cloud platform in India and other key global markets.
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4) Ecosystem Ventures Invests In SimpliBuy
http://www.dealcurry.com/20121210-Ecosystem-Ventures-Invests-In-SimpliBuy.htm
Ecosystem Ventures has invested undisclosed amount in SimpliBuy Technologies Private Limited, a technology startup in Pune.
Founded by Arun Purohit and Rajeshwari Joshi, SimpliBuy is a technology company involved in creation of a hyperlocal price information system.
Its flagship product – WIC (Where is Cheapest Price?) enables users to search product across various categories in 4 cities including Pune, Bangalore, Delhi, Mumbai and Kolkata, according to nextbigwhat.com.
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5) Mantri Realty To Raise Funds Through PE
http://www.dealcurry.com/20121210-Mantri-Realty-To-Raise-Funds-Through-PE.htm
Real estate developer - Mantri Realty is planning to raise PE funds by selling stake in its upcoming projects.
Mantri Realty will invest around R750 Cr to develop three housing projects in Maharashtra and Karnataka over next two-three years.
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6) KPO Evalueserve To Be Sold By Promoters
http://www.dealcurry.com/20121210-KPO-Evalueserve-To-Be-Sold-By-Promoters.htm
Promoters of the KPO firm Evalueserve have put the company on the block after successfully running it for 12 years, as stated on ET.
Swiss family office IHAG Holdings (minority stakeholder) is also set to exit.
UBS and Deutsche Bank are advising the promoters on the sale.
------------------------------------------------------------------
7) Sugana Group Forms JV With Israeli Firm - Shatal Engineering
http://www.dealcurry.com/20121210-Sugana-Group-Forms-JV-With-Israeli-Firm-Shatal-Engineering.htm
Sugana Group has entered into JV with Israeli firm - Shatal Engineering for marketing light construction machinery in the domestic market.
The JV - Sugana Shatal will be launched tomorrow and Sugana would manufacture motors for the entire machinery.
------------------------------------------------------------------
8) Shree Ganesh Forms JV With Rocks Creation Of Bangladesh
http://www.dealcurry.com/20121210-Shree-Ganesh-Forms-JV-With-Rocks-Creation-Of-Bangladesh.htm
Shree Ganesh Jewellery House has entered into a JV with Rocks Creation for setting up a manufacturing unit in Dhaka.
Rocks Creation is into retail, jewellery and textiles.
Both the partners are initially set to invest R20 Cr in the 75:25 JV which will be scaled up to R50 Cr and will have an annual manufacturing capacity of 200 kg of gold jewellery.
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9) Wipro Acquires Singaporean FMCG Firm - L.D. Waxson
http://www.dealcurry.com/20121210-Wipro-Acquires-Singaporean-FMCG-Firm-L-D-Waxson.htm
FMCG and IT major Wipro Limited has acquired East Asian skincare focused company L.D. Waxsons Group.
The 100% shareholding agreement was concluded for an all cash consideration of $144 Mn and will help Wipro scale to the top position in the facial skincare market in Malaysia and Singapore along with expansion of its Chinese presence and other Asian markets.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Thursday, August 23, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Aug 22, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Aug 22, 2012:
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1) Amas India Exits Genesys International
http://www.dealcurry.com/20120822-Amas-India-Exits-Genesys-International.htm
Amas India Investment Mauritius limited has sold its entire 3.11% stake in Genesys International through bulk deals. The FII sold 4,00,000 shares at BSE and 5,29,458 on NSE at R191 per share aggregating to R17.75 Cr.
Meanwhile, Credo India Thematic Fund has bought around 921659 shares.
The fund has also sold around 2.11% stake of Kavveri Telecom by offloading 3,00,000 shares on NSE for R219.99 and 1,25,000 shares on BSE for R219,93 aggregating to R9.34 Cr, while Credo India Thematic Fund has bought all the shares (4,25,000).
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2) Kamdhenu To Raise Funds For Expansion
http://www.dealcurry.com/20120822-Kamdhenu-To-Raise-Funds-For-Expansion.htm
Kamdhenu Group is planning to raise R100 Cr for its paint division and is in talks with PE firms. The fund will be used for setting up an alkyd resin plant to reduce reliance on external sources for raw material procurement and meeting working capital needs.
Kamdhenu Ispat, which is mainly into manufacturing of TMT bars and structural steels for use in the construction sector, had forayed into the paints business in 2008 by setting up a plant near its steel mill at Bhiwadi in Rajasthan.
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3) KKR Plans To Launch India Focused Debt Fund
http://www.dealcurry.com/20120822-KKR-Plans-To-Launch-India-Focused-Debt-Fund.htm
KKR & Co LP is planning to launch an India specific debt fund. The LP is planning to raise $750 Mn to $1 Bn for their fund.
The fund is looking for opportunities in debt market citing country’s four year high interest rate. The fund will also lend to cash-strapped Indian corporations.
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4) StanChart PE Invests In INOXCVA
http://www.dealcurry.com/20120822-StanChart-PE-Invests-In-INOXCVA.htm
Standard Chartered PE has invested $45Mn in INOXCVA, a manufacturer of cryogenic storage and transportation equipment. The funds will be used for its organic expansion plans and potential acquisitions.
Yes Bank advised INOX for the transaction. Khaitan & Co. and Wadia Ghandy & Co. were the legal advisors for INOXCVA and Stan Chart PE respectively.
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5) Chennai Angels Invests In Social Learning Network - Classle
http://www.dealcurry.com/20120822-Chennai-Angels-Invests-In-Social-Learning-Network-Classle.htm
Classle, an online social learning network has raised $500,000 from Chennai Angels.
Classle Knowledge Private Limited was started by Vaidya Nathan, an alumnus of IIT-Madras. It is a Social Learning Network; a network with focus on Learning and education.
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6) L&T To Raise Funds Through Equity Partnership
http://www.dealcurry.com/20120822-L-T-To-Raise-Funds-Through-Equity-Partnership.htm
L&T is planning an equity sale in various infrastructure projects. The company is targeting matured assets within the portfolio for the equity partnership, according to BS.
L&T is planning to reduce the portfolio size of the company, generate funds which could be used as equity in new projects.
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7) Avigo Capital To Sell Spykar Lifestyles' Stake
http://www.dealcurry.com/20120822-Avigo-Capital-To-Sell-Spykar-Lifestyles-Stake.htm
Avigo Capital is planning to sell its 60% stake in Spykar Lifestyle. Buyout fund Riverside and three European fashion retailers are interested to acquire the stake.
Lincoln International is advising Avigo on the deal.
Prasad Pabrekar holds the remaining 40% stake with no immediate plans to exit.
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8) Actis Invests In TPG Backed AGS Transact
http://www.dealcurry.com/20120822-Actis-Invests-In-TPG-Backed-AGS-Transact.htm
Actis PE has invested R220 Cr in AGS Transact Technologies Limited, an ATM outsourcing and payments company.
The funds raised will be used for ATM outsourcing expansion by AGS on behalf of banks and support roll-outs under the recent PSU contract of AGS in Himachal Pradesh, Haryana and Chandigarh.
Last June, TPG Group had invested R145 Cr with a follow-on investment of R45 Cr in March this year.
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You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Amas India Exits Genesys International
http://www.dealcurry.com/20120822-Amas-India-Exits-Genesys-International.htm
Amas India Investment Mauritius limited has sold its entire 3.11% stake in Genesys International through bulk deals. The FII sold 4,00,000 shares at BSE and 5,29,458 on NSE at R191 per share aggregating to R17.75 Cr.
Meanwhile, Credo India Thematic Fund has bought around 921659 shares.
The fund has also sold around 2.11% stake of Kavveri Telecom by offloading 3,00,000 shares on NSE for R219.99 and 1,25,000 shares on BSE for R219,93 aggregating to R9.34 Cr, while Credo India Thematic Fund has bought all the shares (4,25,000).
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2) Kamdhenu To Raise Funds For Expansion
http://www.dealcurry.com/20120822-Kamdhenu-To-Raise-Funds-For-Expansion.htm
Kamdhenu Group is planning to raise R100 Cr for its paint division and is in talks with PE firms. The fund will be used for setting up an alkyd resin plant to reduce reliance on external sources for raw material procurement and meeting working capital needs.
Kamdhenu Ispat, which is mainly into manufacturing of TMT bars and structural steels for use in the construction sector, had forayed into the paints business in 2008 by setting up a plant near its steel mill at Bhiwadi in Rajasthan.
------------------------------------------------------------------
3) KKR Plans To Launch India Focused Debt Fund
http://www.dealcurry.com/20120822-KKR-Plans-To-Launch-India-Focused-Debt-Fund.htm
KKR & Co LP is planning to launch an India specific debt fund. The LP is planning to raise $750 Mn to $1 Bn for their fund.
The fund is looking for opportunities in debt market citing country’s four year high interest rate. The fund will also lend to cash-strapped Indian corporations.
------------------------------------------------------------------
4) StanChart PE Invests In INOXCVA
http://www.dealcurry.com/20120822-StanChart-PE-Invests-In-INOXCVA.htm
Standard Chartered PE has invested $45Mn in INOXCVA, a manufacturer of cryogenic storage and transportation equipment. The funds will be used for its organic expansion plans and potential acquisitions.
Yes Bank advised INOX for the transaction. Khaitan & Co. and Wadia Ghandy & Co. were the legal advisors for INOXCVA and Stan Chart PE respectively.
------------------------------------------------------------------
5) Chennai Angels Invests In Social Learning Network - Classle
http://www.dealcurry.com/20120822-Chennai-Angels-Invests-In-Social-Learning-Network-Classle.htm
Classle, an online social learning network has raised $500,000 from Chennai Angels.
Classle Knowledge Private Limited was started by Vaidya Nathan, an alumnus of IIT-Madras. It is a Social Learning Network; a network with focus on Learning and education.
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6) L&T To Raise Funds Through Equity Partnership
http://www.dealcurry.com/20120822-L-T-To-Raise-Funds-Through-Equity-Partnership.htm
L&T is planning an equity sale in various infrastructure projects. The company is targeting matured assets within the portfolio for the equity partnership, according to BS.
L&T is planning to reduce the portfolio size of the company, generate funds which could be used as equity in new projects.
------------------------------------------------------------------
7) Avigo Capital To Sell Spykar Lifestyles' Stake
http://www.dealcurry.com/20120822-Avigo-Capital-To-Sell-Spykar-Lifestyles-Stake.htm
Avigo Capital is planning to sell its 60% stake in Spykar Lifestyle. Buyout fund Riverside and three European fashion retailers are interested to acquire the stake.
Lincoln International is advising Avigo on the deal.
Prasad Pabrekar holds the remaining 40% stake with no immediate plans to exit.
------------------------------------------------------------------
8) Actis Invests In TPG Backed AGS Transact
http://www.dealcurry.com/20120822-Actis-Invests-In-TPG-Backed-AGS-Transact.htm
Actis PE has invested R220 Cr in AGS Transact Technologies Limited, an ATM outsourcing and payments company.
The funds raised will be used for ATM outsourcing expansion by AGS on behalf of banks and support roll-outs under the recent PSU contract of AGS in Himachal Pradesh, Haryana and Chandigarh.
Last June, TPG Group had invested R145 Cr with a follow-on investment of R45 Cr in March this year.
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You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Wednesday, August 22, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Aug 21, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Aug 21, 2012:
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1) CCI Approves Sanlam's Stake Buy in Shriram Capital
http://www.dealcurry.com/20120821-CCI-Approves-Sanlam-s-Stake-Buy-in-Shriram-Capital.htm
Sanlam Emerging Markets got the approval from CCI regarding the acquisition of 26% stake in Shriram Financial Ventures.
Sanlam Mauritius had proposed to hold not more than 26% stake in Shriram Capital through Shriram Financial Ventures (Chennai) Pvt. Ltd. which was to be done by subscribing to equity shares of up to 49.9% of the fully paid up equity share capital of Shriram Chennai.
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2) IIFL Finance To Raise Funds Through NCDs
http://www.dealcurry.com/20120821-IIFL-Finance-To-Raise-Funds-Through-NCDs.htm
India Infoline Finance – NBFC subsidiary of the IIFL Group will raise up to R500 Cr by issuing NCDs.
Fund raising will be done through a base issue of R250 Cr with an additional option to retain oversubscription up to another R250 Cr. NCDs would be of the face value of R1000, with a 72 months tenure in the nature of subordinated debt and will be eligible for Tier-II capital.
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3) Reliance Life Insurance Plans To Sell Stake To Banks
http://www.dealcurry.com/20120821-Reliance-Life-Insurance-Plans-To-Sell-Stake-To-Banks.htm
Reliance Life Insurance is looking to sell 5% stake in the company to banks for expanding base in the bancassurance channel.
It aims at a single partner of 'critical size' while it is in talks with a few banks. Its target is to maintain the relationship between the principal and agent with the bank by capping the banking partner stake at 5%.
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4) Gitanjali Gems Acquires Stake In Verite
http://www.dealcurry.com/20120821-Gitanjali-Gems-Acquires-Stake-In-Verite.htm
Gitanjali Gems Limited has acquired 15.3% stake in Verite Co. Ltd, a Japanese jewellery retail chain through its Hong Kong subsidiary Aston Luxury Group Limited.
This acquisition also brings a 50% supply contract to Gitanjali from Verite for its 101 jewellery retail stores in Japan.
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5) Bilcare Sells GCS Unit To United Drug
http://www.dealcurry.com/20120821-Bilcare-Sells-GCS-Unit-To-United-Drug.htm
Bilcare Limited signed an agreement with United Drug Plc. for the sale of its Global Clinical Supplies (GCS) businesses in the U.S and U.K.
The deal is valued at $61 Mn and is expected to go through in a couple of months.
GCS is one of three divisions of Bilcare and the company has retained this business in Asia.
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6) GTI Capital Invests In Brattle Foods, Webklipper
http://www.dealcurry.com/20120821-GTI-Capital-Invests-In-Brattle-Foods-Webklipper.htm
Brattle Foods Private Limited received undisclosed amount of funds from GTI Capital in a Series B round of investment. GTI also invested an unknown amount in Webklipper Technologies Private Limited.
The funds would be used to expand the facilities of Brattle's, while Webklipper would be utilizing the funds as working capital and in the general expansion of its business.
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7) Eco Shopping Portal - Natural Mantra Raises Funds
http://www.dealcurry.com/20120821-Eco-Shopping-Portal-Natural-Mantra-Raises-Funds.htm
Natural Mantra raised an undisclosed amount from Freemont Partners.
These funds will be used to shore up the current 4 member team along with expansion of operations.
------------------------------------------------------------------
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) CCI Approves Sanlam's Stake Buy in Shriram Capital
http://www.dealcurry.com/20120821-CCI-Approves-Sanlam-s-Stake-Buy-in-Shriram-Capital.htm
Sanlam Emerging Markets got the approval from CCI regarding the acquisition of 26% stake in Shriram Financial Ventures.
Sanlam Mauritius had proposed to hold not more than 26% stake in Shriram Capital through Shriram Financial Ventures (Chennai) Pvt. Ltd. which was to be done by subscribing to equity shares of up to 49.9% of the fully paid up equity share capital of Shriram Chennai.
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2) IIFL Finance To Raise Funds Through NCDs
http://www.dealcurry.com/20120821-IIFL-Finance-To-Raise-Funds-Through-NCDs.htm
India Infoline Finance – NBFC subsidiary of the IIFL Group will raise up to R500 Cr by issuing NCDs.
Fund raising will be done through a base issue of R250 Cr with an additional option to retain oversubscription up to another R250 Cr. NCDs would be of the face value of R1000, with a 72 months tenure in the nature of subordinated debt and will be eligible for Tier-II capital.
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3) Reliance Life Insurance Plans To Sell Stake To Banks
http://www.dealcurry.com/20120821-Reliance-Life-Insurance-Plans-To-Sell-Stake-To-Banks.htm
Reliance Life Insurance is looking to sell 5% stake in the company to banks for expanding base in the bancassurance channel.
It aims at a single partner of 'critical size' while it is in talks with a few banks. Its target is to maintain the relationship between the principal and agent with the bank by capping the banking partner stake at 5%.
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4) Gitanjali Gems Acquires Stake In Verite
http://www.dealcurry.com/20120821-Gitanjali-Gems-Acquires-Stake-In-Verite.htm
Gitanjali Gems Limited has acquired 15.3% stake in Verite Co. Ltd, a Japanese jewellery retail chain through its Hong Kong subsidiary Aston Luxury Group Limited.
This acquisition also brings a 50% supply contract to Gitanjali from Verite for its 101 jewellery retail stores in Japan.
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5) Bilcare Sells GCS Unit To United Drug
http://www.dealcurry.com/20120821-Bilcare-Sells-GCS-Unit-To-United-Drug.htm
Bilcare Limited signed an agreement with United Drug Plc. for the sale of its Global Clinical Supplies (GCS) businesses in the U.S and U.K.
The deal is valued at $61 Mn and is expected to go through in a couple of months.
GCS is one of three divisions of Bilcare and the company has retained this business in Asia.
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6) GTI Capital Invests In Brattle Foods, Webklipper
http://www.dealcurry.com/20120821-GTI-Capital-Invests-In-Brattle-Foods-Webklipper.htm
Brattle Foods Private Limited received undisclosed amount of funds from GTI Capital in a Series B round of investment. GTI also invested an unknown amount in Webklipper Technologies Private Limited.
The funds would be used to expand the facilities of Brattle's, while Webklipper would be utilizing the funds as working capital and in the general expansion of its business.
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7) Eco Shopping Portal - Natural Mantra Raises Funds
http://www.dealcurry.com/20120821-Eco-Shopping-Portal-Natural-Mantra-Raises-Funds.htm
Natural Mantra raised an undisclosed amount from Freemont Partners.
These funds will be used to shore up the current 4 member team along with expansion of operations.
------------------------------------------------------------------
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Saturday, August 18, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Aug 17, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Aug 17, 2012:
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1) Wave Infratech To Raise Funds Through Debt-Equity Mix
http://www.dealcurry.com/20120817-Wave-Infratech-To-Raise-Funds-Through-Debt-Equity-Mix.htm
Wave Infratech - part of Ponty Chadha’s Wave Group, is planning to raise around R4000 Cr in the next two months through debt and PE to fund investments in developing the first phase of a township in Noida.
The project is a 152-acre integrated township at Noida named 'Wave City Centre'. First phase of the project includes R10,000 Cr outlay including the land cost. Total size would be 40 Mn sq.ft, of which the company would develop about 10 Mn sq.ft in the first phase to be delivered by 2016.
Wave Infratech has given mandate to IDFC for arranging debts from banks and it can dilute 25% stake in the first phase of the project, MD Manpreet Singh Chadha said.
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2) ABG Shipyard Stake Sold By Nippon, Bought By Videocon
http://www.dealcurry.com/20120817-ABG-Shipyard-Stake-Sold-By-Nippon-Bought-By-Videocon.htm
Nippon Investment and Finance Company Pvt. Ltd. sold part stake in ABG Shipyard Limited through the open market and the stake was bought by Videocon Industries Ltd.
Nippon sold 5.5 lakh shares at R366 per share amounting to a sale of R20.13 Cr and the same was bought by Videocon. Nippon had bought the stake at the end of July this year by acquiring 5.14 lakh shares for a total of R19.35 Cr.
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3) Claris Stake Bought By Morgan Stanley
http://www.dealcurry.com/20120817-Claris-Stake-Bought-By-Morgan-Stanley.htm
Morgan Stanley Asia (Singapore) Pte. bought stake in Claris Lifesciences Limited through a bulk deal on BSE.
The FII bought 5 lakh shares at R217.89 per share amounting to R10.89 Cr.
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4) KKR, Novartis, Pfizer In Race To Acquire Strides' Unit
http://www.dealcurry.com/20120817-KKR-Novartis-Pfizer-In-Race-To-Acquire-Strides-Unit.htm
Strides Arcolabs' injectable-drugs unit, Agila Specialties Private Limited is up for sale and 'serious bidders' for the asset are Novartis and Pfizer along with U.S buyout fund KKR, ET stated.
Strides is expecting to receive anywhere between $1.6-2 Bn for the unit - more than twice its market value.
Strides provides Pfizer with generic versions of off-patent drugs through a partnership announced in 2010.
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5) Orbit Corp To Raise Funds - Selling Multiple Projects
http://www.dealcurry.com/20120817-Orbit-Corp-To-Raise-Funds-Selling-Multiple-Projects.htm
Orbit Corp is planning to sell multiple planned projects in Mumbai to raise funds and reduce debt, according to Mint. The company is planning to raise around R400 Cr through exiting a slum redevelopment project in Santacruz (R300 Cr) and by selling its plots of land in Tardeo, Worli and Lalbaug in central Mumbai to other developers (R100 Cr). The company is in talks with several developers.
The company is also willing to sell all or some of its stake in the Kilachand bungalow in south Mumbai later. Orbit Corp has around 50% stake in the property of Kilachand bungalow.
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6) Wipro Planning Acquisitions In The Furniture Space
http://www.dealcurry.com/20120817-Wipro-Planning-Acquisitions-In-The-Furniture-Space.htm
Wipro Furniture is looking to make two acquisitions in the furniture business with a furniture brand in Bangalore and another overseas chain.
Wipro Furniture is part of Wipro Consumer Care and Lighting Group (WCCLG).
------------------------------------------------------------------
7) South African Gas Block Acquired By Cairn India
http://www.dealcurry.com/20120817-South-African-Gas-Block-Acquired-By-Cairn-India.htm
Cairn India Limited ventured out of India and bought its first asset in a deep-sea gas discovery block on the west coast of South Africa.
The company bought 60% stake in the 19922 sq.km Block 1 in Orange Basin and has signed a farm-in agreement with South African national oil firm Petroleum Oil and Gas Corporation of South Africa Ltd (PetroSA).
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8) ONGC To Rope In Japan's Inpex in KG Block
http://www.dealcurry.com/20120817-ONGC-To-Rope-In-Japan-s-Inpex-in-KG-Block.htm
ONGC is planning to sell 26% stake in its KG-DWN-2004/6 block in the KG - basin to Japanese Inpex Corporation, according to BS. Inpex Corporation being a global player will provide technological support for exploration and drilling of blocks.
If the deal goes through, Inpex will pay ONGC what it has spent on the block in the past proportionately and also meet future expenses according to its share. ONGC is also looking to sell stakes in other holding blocks.
The block KG-DWN-2004/6 was awarded to a consortium of ONGC (60%), HPCL (10%), GSPC (10%), GAIL (10%) and OIL (10%) under NELP – VI bidding round. The production-sharing contract for the block was signed on March ’07.
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9) Tata Global Acquires Russian Firm - SuntyCo Holding
http://www.dealcurry.com/20120817-Tata-Global-Acquires-Russian-Firm-SuntyCo-Holding.htm
Tata Global Beverages Limited has acquired the balance 49% of SuntyCo Holding Limited, the owner of the 'Grand' business in Russia.
Tata Global through one of its overseas subsidiary along with European Bank of Reconstruction and Development (EBRD) had acquired 51% of SuntyCo Holding in 2009.
The company through its overseas subsidiary has now completed the acquisition of the balance 49% of the Grand business in Russia by exercising the option it had to acquire this stake at the time of the original acquisition, according to the BSE filing.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Wave Infratech To Raise Funds Through Debt-Equity Mix
http://www.dealcurry.com/20120817-Wave-Infratech-To-Raise-Funds-Through-Debt-Equity-Mix.htm
Wave Infratech - part of Ponty Chadha’s Wave Group, is planning to raise around R4000 Cr in the next two months through debt and PE to fund investments in developing the first phase of a township in Noida.
The project is a 152-acre integrated township at Noida named 'Wave City Centre'. First phase of the project includes R10,000 Cr outlay including the land cost. Total size would be 40 Mn sq.ft, of which the company would develop about 10 Mn sq.ft in the first phase to be delivered by 2016.
Wave Infratech has given mandate to IDFC for arranging debts from banks and it can dilute 25% stake in the first phase of the project, MD Manpreet Singh Chadha said.
------------------------------------------------------------------
2) ABG Shipyard Stake Sold By Nippon, Bought By Videocon
http://www.dealcurry.com/20120817-ABG-Shipyard-Stake-Sold-By-Nippon-Bought-By-Videocon.htm
Nippon Investment and Finance Company Pvt. Ltd. sold part stake in ABG Shipyard Limited through the open market and the stake was bought by Videocon Industries Ltd.
Nippon sold 5.5 lakh shares at R366 per share amounting to a sale of R20.13 Cr and the same was bought by Videocon. Nippon had bought the stake at the end of July this year by acquiring 5.14 lakh shares for a total of R19.35 Cr.
------------------------------------------------------------------
3) Claris Stake Bought By Morgan Stanley
http://www.dealcurry.com/20120817-Claris-Stake-Bought-By-Morgan-Stanley.htm
Morgan Stanley Asia (Singapore) Pte. bought stake in Claris Lifesciences Limited through a bulk deal on BSE.
The FII bought 5 lakh shares at R217.89 per share amounting to R10.89 Cr.
------------------------------------------------------------------
4) KKR, Novartis, Pfizer In Race To Acquire Strides' Unit
http://www.dealcurry.com/20120817-KKR-Novartis-Pfizer-In-Race-To-Acquire-Strides-Unit.htm
Strides Arcolabs' injectable-drugs unit, Agila Specialties Private Limited is up for sale and 'serious bidders' for the asset are Novartis and Pfizer along with U.S buyout fund KKR, ET stated.
Strides is expecting to receive anywhere between $1.6-2 Bn for the unit - more than twice its market value.
Strides provides Pfizer with generic versions of off-patent drugs through a partnership announced in 2010.
------------------------------------------------------------------
5) Orbit Corp To Raise Funds - Selling Multiple Projects
http://www.dealcurry.com/20120817-Orbit-Corp-To-Raise-Funds-Selling-Multiple-Projects.htm
Orbit Corp is planning to sell multiple planned projects in Mumbai to raise funds and reduce debt, according to Mint. The company is planning to raise around R400 Cr through exiting a slum redevelopment project in Santacruz (R300 Cr) and by selling its plots of land in Tardeo, Worli and Lalbaug in central Mumbai to other developers (R100 Cr). The company is in talks with several developers.
The company is also willing to sell all or some of its stake in the Kilachand bungalow in south Mumbai later. Orbit Corp has around 50% stake in the property of Kilachand bungalow.
------------------------------------------------------------------
6) Wipro Planning Acquisitions In The Furniture Space
http://www.dealcurry.com/20120817-Wipro-Planning-Acquisitions-In-The-Furniture-Space.htm
Wipro Furniture is looking to make two acquisitions in the furniture business with a furniture brand in Bangalore and another overseas chain.
Wipro Furniture is part of Wipro Consumer Care and Lighting Group (WCCLG).
------------------------------------------------------------------
7) South African Gas Block Acquired By Cairn India
http://www.dealcurry.com/20120817-South-African-Gas-Block-Acquired-By-Cairn-India.htm
Cairn India Limited ventured out of India and bought its first asset in a deep-sea gas discovery block on the west coast of South Africa.
The company bought 60% stake in the 19922 sq.km Block 1 in Orange Basin and has signed a farm-in agreement with South African national oil firm Petroleum Oil and Gas Corporation of South Africa Ltd (PetroSA).
------------------------------------------------------------------
8) ONGC To Rope In Japan's Inpex in KG Block
http://www.dealcurry.com/20120817-ONGC-To-Rope-In-Japan-s-Inpex-in-KG-Block.htm
ONGC is planning to sell 26% stake in its KG-DWN-2004/6 block in the KG - basin to Japanese Inpex Corporation, according to BS. Inpex Corporation being a global player will provide technological support for exploration and drilling of blocks.
If the deal goes through, Inpex will pay ONGC what it has spent on the block in the past proportionately and also meet future expenses according to its share. ONGC is also looking to sell stakes in other holding blocks.
The block KG-DWN-2004/6 was awarded to a consortium of ONGC (60%), HPCL (10%), GSPC (10%), GAIL (10%) and OIL (10%) under NELP – VI bidding round. The production-sharing contract for the block was signed on March ’07.
------------------------------------------------------------------
9) Tata Global Acquires Russian Firm - SuntyCo Holding
http://www.dealcurry.com/20120817-Tata-Global-Acquires-Russian-Firm-SuntyCo-Holding.htm
Tata Global Beverages Limited has acquired the balance 49% of SuntyCo Holding Limited, the owner of the 'Grand' business in Russia.
Tata Global through one of its overseas subsidiary along with European Bank of Reconstruction and Development (EBRD) had acquired 51% of SuntyCo Holding in 2009.
The company through its overseas subsidiary has now completed the acquisition of the balance 49% of the Grand business in Russia by exercising the option it had to acquire this stake at the time of the original acquisition, according to the BSE filing.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Friday, August 17, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Aug 16, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Aug 16, 2012:
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1) IDFC MF Sells Stake In Novartis India
http://www.dealcurry.com/20120816-IDFC-MF-Sells-Stake-In-Novartis-India.htm
IDFC MF sold its stake in Novartis India Limited through a bulk deal on BSE.
The MF - through IDFC Small and Midcap Equity SME Fund sold 220217 shares at R670.02 per share amounting to R14.75 Cr. The fund was not listed as a major stakeholder with the company and thus seems to have exited fully.
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2) BP May Sell Malaysian Plant To Reliance
http://www.dealcurry.com/20120816-BP-May-Sell-Malaysian-Plant-To-Reliance.htm
Reliance Industries Limited is planning to buy the Malaysian petrochemicals plant of British oil firm BP (previously known as British Petroleum).
The acquisition could help at full integration of the company’s business in Malaysia resulting in cost effectiveness.
The asset is a 610000 tonnes purified terephthalic acid (PTA) plant in Kuantan, Pahang in Malaysia.
------------------------------------------------------------------
3) Parry Nutraceuticals Looking For Acquistions
http://www.dealcurry.com/20120816-Parry-Nutraceuticals-Looking-For-Acquistions.htm
Murugappa Group’s Parry Nutraceuticals is looking for acquisitions in dietary supplement to strengthen its OTC nutritional supplements business, according to BS.
The areas of acquisitions can be a brand, product and distribution infrastructure in both domestic and international markets.
------------------------------------------------------------------
4) L&T To Acquire Audco India From Flowserve
http://www.dealcurry.com/20120816-L-T-To-Acquire-Audco-India-From-Flowserve.htm
L&T Limited is planning to buyout 50% stake in JV – Audco India Limited from JV partner Flowserve Corp to strengthen its core valves business,according to Mint.
Last year, L&T sold its entire 50% stake in L&T-CASE Equipment Private Limited to it's JV partner CNH Global NV.
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5) Peepul Capital Invests In Consul Consolidated, Cura Healthcare
http://www.dealcurry.com/20120816-Peepul-Capital-Invests-In-Consul-Consolidated-Cura-Healthcare.htm
Peepul Capital LLC has invested around $15-$25 Mn each in Consul Consolidated Private Limited, a power solution company, and Cura Healthcare Private Limited, a high-end radiology equipment maker.
Consul Consolidated was founded in 1981 by N Ramesh Sankaran, K N Raja, K Sunder, and N P Krishnan. Based in Chennai, Consul manufactures PCE such as voltage stabilisers, uninterrupted power supply (UPS) systems, isolation transformers, and lighting energy savers.
------------------------------------------------------------------
6) GAIL May Acquire Stake In Russian Gas Plant
http://www.dealcurry.com/20120816-GAIL-May-Acquire-Stake-In-Russian-Gas-Plant.htm
GAIL India Limited is planning to buy stake in the planned 10 Mn tonne LNG plant at Vladivostok on the Pacific coast in Russia.
The acquisition would be to cater to the growing energy needs of India and thus import the natural gas from Russia.
The plant is a $7 Bn project and the Russian gas monopoly Gazprom looks to start output of LNG by 2016-2017.
------------------------------------------------------------------
7) ICICI Raises Funds Through International Bond Sale
http://www.dealcurry.com/20120816-ICICI-Raises-Funds-Through-International-Bond-Sale.htm
ICICI Bank has raised $750 Mn through issue of 5.5 year fixed rate notes carrying coupon rate of 4.70%.
The notes were issued at 99.813% (of the value of the bonds), which is a spread of 364 basis points over the equivalent LIBOR, according to BSE filing.
Bank of America Merrill Lynch, Citi, HSBC, J.P. Morgan and Stan Chart Bank were the lead arranger.
------------------------------------------------------------------
8) Mystery Shopping Firm RedQuanta Gets Seed Funds
http://www.dealcurry.com/20120816-Mystery-Shopping-Firm-RedQuanta-Gets-Seed-Funds.htm
RedQuanta secured a round of seed funding from various investors including India Quotient, Blume Ventures, India Venture Partners and other angel investors, Startupcentral reports. The amount of money received is undisclosed.
India Quotient had commenced its debut fund in June this year and had listed RedQuanta in its portfolio at that time.
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9) Blackstone To Exit Synergy Property
http://www.dealcurry.com/20120816-Blackstone-To-Exit-Synergy-Property.htm
Blackstone Real Estate Partners is planning to exit its four year old investment in Synergy Property Development Services, according to BS.
Blackstone invested around $18 Mn for 35% stake in Synergy in 2008.
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10) Sahara To Buy Beverly Hilton Hotel
http://www.dealcurry.com/20120816-Sahara-To-Buy-Beverly-Hilton-Hotel.htm
Sahara Group is planning to acquire 55% stake in the Beverly Hilton Hotel for about $340 Mn from Oasis West Realty.
Earlier this year, Sahara bought a controlling stake in New York’s famed Plaza Hotel for $570 Mn.
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11) MAS Financial Raises Growth Cap From DEG
http://www.dealcurry.com/20120816-MAS-Financial-Raises-Growth-Cap-From-DEG.htm
NBFC from Gujarat - MAS Financial Services Limited has raised growth capital from DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH.
According to Financial Express, ICICI Venture has exited the NBFC and DEG invested EUR 10 Mn in the firm.
Avendus Capital was the financial advisor to MAS Financial Services Ltd.
Earlier in May, IFC was planning to invest around $12 Mn in the company to expand the capital base and its operations.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) IDFC MF Sells Stake In Novartis India
http://www.dealcurry.com/20120816-IDFC-MF-Sells-Stake-In-Novartis-India.htm
IDFC MF sold its stake in Novartis India Limited through a bulk deal on BSE.
The MF - through IDFC Small and Midcap Equity SME Fund sold 220217 shares at R670.02 per share amounting to R14.75 Cr. The fund was not listed as a major stakeholder with the company and thus seems to have exited fully.
------------------------------------------------------------------
2) BP May Sell Malaysian Plant To Reliance
http://www.dealcurry.com/20120816-BP-May-Sell-Malaysian-Plant-To-Reliance.htm
Reliance Industries Limited is planning to buy the Malaysian petrochemicals plant of British oil firm BP (previously known as British Petroleum).
The acquisition could help at full integration of the company’s business in Malaysia resulting in cost effectiveness.
The asset is a 610000 tonnes purified terephthalic acid (PTA) plant in Kuantan, Pahang in Malaysia.
------------------------------------------------------------------
3) Parry Nutraceuticals Looking For Acquistions
http://www.dealcurry.com/20120816-Parry-Nutraceuticals-Looking-For-Acquistions.htm
Murugappa Group’s Parry Nutraceuticals is looking for acquisitions in dietary supplement to strengthen its OTC nutritional supplements business, according to BS.
The areas of acquisitions can be a brand, product and distribution infrastructure in both domestic and international markets.
------------------------------------------------------------------
4) L&T To Acquire Audco India From Flowserve
http://www.dealcurry.com/20120816-L-T-To-Acquire-Audco-India-From-Flowserve.htm
L&T Limited is planning to buyout 50% stake in JV – Audco India Limited from JV partner Flowserve Corp to strengthen its core valves business,according to Mint.
Last year, L&T sold its entire 50% stake in L&T-CASE Equipment Private Limited to it's JV partner CNH Global NV.
------------------------------------------------------------------
5) Peepul Capital Invests In Consul Consolidated, Cura Healthcare
http://www.dealcurry.com/20120816-Peepul-Capital-Invests-In-Consul-Consolidated-Cura-Healthcare.htm
Peepul Capital LLC has invested around $15-$25 Mn each in Consul Consolidated Private Limited, a power solution company, and Cura Healthcare Private Limited, a high-end radiology equipment maker.
Consul Consolidated was founded in 1981 by N Ramesh Sankaran, K N Raja, K Sunder, and N P Krishnan. Based in Chennai, Consul manufactures PCE such as voltage stabilisers, uninterrupted power supply (UPS) systems, isolation transformers, and lighting energy savers.
------------------------------------------------------------------
6) GAIL May Acquire Stake In Russian Gas Plant
http://www.dealcurry.com/20120816-GAIL-May-Acquire-Stake-In-Russian-Gas-Plant.htm
GAIL India Limited is planning to buy stake in the planned 10 Mn tonne LNG plant at Vladivostok on the Pacific coast in Russia.
The acquisition would be to cater to the growing energy needs of India and thus import the natural gas from Russia.
The plant is a $7 Bn project and the Russian gas monopoly Gazprom looks to start output of LNG by 2016-2017.
------------------------------------------------------------------
7) ICICI Raises Funds Through International Bond Sale
http://www.dealcurry.com/20120816-ICICI-Raises-Funds-Through-International-Bond-Sale.htm
ICICI Bank has raised $750 Mn through issue of 5.5 year fixed rate notes carrying coupon rate of 4.70%.
The notes were issued at 99.813% (of the value of the bonds), which is a spread of 364 basis points over the equivalent LIBOR, according to BSE filing.
Bank of America Merrill Lynch, Citi, HSBC, J.P. Morgan and Stan Chart Bank were the lead arranger.
------------------------------------------------------------------
8) Mystery Shopping Firm RedQuanta Gets Seed Funds
http://www.dealcurry.com/20120816-Mystery-Shopping-Firm-RedQuanta-Gets-Seed-Funds.htm
RedQuanta secured a round of seed funding from various investors including India Quotient, Blume Ventures, India Venture Partners and other angel investors, Startupcentral reports. The amount of money received is undisclosed.
India Quotient had commenced its debut fund in June this year and had listed RedQuanta in its portfolio at that time.
------------------------------------------------------------------
9) Blackstone To Exit Synergy Property
http://www.dealcurry.com/20120816-Blackstone-To-Exit-Synergy-Property.htm
Blackstone Real Estate Partners is planning to exit its four year old investment in Synergy Property Development Services, according to BS.
Blackstone invested around $18 Mn for 35% stake in Synergy in 2008.
------------------------------------------------------------------
10) Sahara To Buy Beverly Hilton Hotel
http://www.dealcurry.com/20120816-Sahara-To-Buy-Beverly-Hilton-Hotel.htm
Sahara Group is planning to acquire 55% stake in the Beverly Hilton Hotel for about $340 Mn from Oasis West Realty.
Earlier this year, Sahara bought a controlling stake in New York’s famed Plaza Hotel for $570 Mn.
------------------------------------------------------------------
11) MAS Financial Raises Growth Cap From DEG
http://www.dealcurry.com/20120816-MAS-Financial-Raises-Growth-Cap-From-DEG.htm
NBFC from Gujarat - MAS Financial Services Limited has raised growth capital from DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH.
According to Financial Express, ICICI Venture has exited the NBFC and DEG invested EUR 10 Mn in the firm.
Avendus Capital was the financial advisor to MAS Financial Services Ltd.
Earlier in May, IFC was planning to invest around $12 Mn in the company to expand the capital base and its operations.
------------------------------------------------------------------
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Sunday, July 15, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 14, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 14, 2012:
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1) SAIF Partners Buys Additional Blue Star Stake
http://www.dealcurry.com/20120714-SAIF-Partners-Buys-Additional-Blue-Star-Stake.htm
Saif India IV FII Holdings bought 25 lakh shares of Blue Star Limited at a price of R190 per share representing an investment of R47.50 Cr in the company and raising its stake from 1.39% to 4.17%, an additional 2.78% stake purchase.
A major seller in the stock was HDFC Standard Life Insurance Company Limited which sold 28.6 lakh shares at the same price amounting to R54.36 Cr stake sale. HDFC Standard Life along with HDFC MF held 8.77% in the company as on June 2012 and the current sale represented a major exit strategy by HDFC Standard Life of 3.18% out of 3.33% held.
------------------------------------------------------------------
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) SAIF Partners Buys Additional Blue Star Stake
http://www.dealcurry.com/20120714-SAIF-Partners-Buys-Additional-Blue-Star-Stake.htm
Saif India IV FII Holdings bought 25 lakh shares of Blue Star Limited at a price of R190 per share representing an investment of R47.50 Cr in the company and raising its stake from 1.39% to 4.17%, an additional 2.78% stake purchase.
A major seller in the stock was HDFC Standard Life Insurance Company Limited which sold 28.6 lakh shares at the same price amounting to R54.36 Cr stake sale. HDFC Standard Life along with HDFC MF held 8.77% in the company as on June 2012 and the current sale represented a major exit strategy by HDFC Standard Life of 3.18% out of 3.33% held.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Saturday, July 14, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 13, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 13, 2012:
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1) Solving Efeso Acquires Consulting Firm Q-Spread
http://www.dealcurry.com/20120713-Solving-Efeso-Acquires-Consulting-Firm-Q-Spread.htm
Solving Efeso has acquired Gurgoan based Q-Spread for an undisclosed amount. The acquisition is a part of its strategy to expand its consultancy market and strengthen its presence in India.Rajinder Singh, founder of Q-Spread, will head the country operations in India. The company will predominantly serve clients in the Manufacturing, Retail and Process industries.
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2) Kamat Hotels To Restructure R500Cr Loans
http://www.dealcurry.com/20120713-Kamat-Hotels-To-Restructure-R500Cr-Loans.htm
Kamat Hotels is in discussion with banks to restructure R500Cr. The company is planning to approach CDR. The rapid expansion led to high debt on the balance sheet.This January, Clearwater Capital Partners made an open offer to acquire 26% post conversion equity share capital of Kamat Hotels.Kamat Hotels had recently absorbed some of the hotels run by the Kamat family, taking promoters' stake to as much as 57%.
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3) InMobi Acquires MMTG Labs
http://www.dealcurry.com/20120713-InMobi-Acquires-MMTG-Labs.htm
Bangalore based mobile ad network, InMobi has acquired San Francisco based MMTG Labs for undisclosed amount.
As a part of deal, the entire team including co-founders Ryan Merket and Nalin Mittal will be joining InMobi.
Founded in 2010, MMTG operates AppBistro, an application marketplace for Facebook pages, and AppGalleries, which allows anyone to create a web and mobile compatible app gallery, according to medianama.
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4) TIAA-CREF Acquires Additional Stake In Den Network
http://www.dealcurry.com/20120713-TIAA-CREF-Acquires-Additional-Stake-In-Den-Network.htm
Teachers Insurance and Annuity Association - College Retirement Equities Fund Investment LLC has acquired additional 1% stake in Den Networks, a broadcasting and cable TV Company by acquiring 1.3 Mn shares through open market transaction.TIAA-CREF now holds around 5.93% stake in Den Networks.TIAA-CERF is now the largest non-promoter shareholder of the company. Other shareholders includes-StanChart IL&FS Asia Infrastructure G (4.98%) and Network 18 Media And Investments Limited (3.08%) among others.
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5) Jindal Steel Raises Funds For Odisha Project
http://www.dealcurry.com/20120713-Jindal-Steel-Raises-Funds-For-Odisha-Project.htm
Jindal Steel and Power Limited has raised R3500 Cr from a consortium of lenders for a steel project in Odisha.
The funds will be utilized for a 2 Mn tonne coal-to-gas direct reduced iron (DRI) plant near Angul, Odisha.
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6) Sutherland To Acquire Healthcare BPO Apollo Health Street
http://www.dealcurry.com/20120713-Sutherland-To-Acquire-Healthcare-BPO-Apollo-Health-Street.htm
Sutherland Global Services is acquiring Apollo Health Street, a health care BPO arm of Apollo Hospitals for R875Cr.The acquisition will help Sutherland to scale up its healthcare business both in India and the US.Barclays Capital is advising the promoters of Apollo for the deal.
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7) Tube Investments To Acquire Shanthi Gears
http://www.dealcurry.com/20120713-Tube-Investments-To-Acquire-Shanthi-Gears.htm
Tube Investments of India Limited is acquiring majority stake in Coimbatore-based Shanthi Gears Limited.
The board of Chennai-based Murugappa group company - Tube Investment has approved the acquisition of 36.05 Mn equity shares of Shanthi Gears, representing 44.12% stake from Shanthi Gears' promoter P Subramanian, at Rs. 81/- per share, aggregating to R292Cr.
Tube Investments has made an open offer to acquire additional 21.24 Mn shares, representing 26% of the paid up share capital of SGL, at a price of Rs 81/- per share.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Solving Efeso Acquires Consulting Firm Q-Spread
http://www.dealcurry.com/20120713-Solving-Efeso-Acquires-Consulting-Firm-Q-Spread.htm
Solving Efeso has acquired Gurgoan based Q-Spread for an undisclosed amount. The acquisition is a part of its strategy to expand its consultancy market and strengthen its presence in India.Rajinder Singh, founder of Q-Spread, will head the country operations in India. The company will predominantly serve clients in the Manufacturing, Retail and Process industries.
------------------------------------------------------------------
2) Kamat Hotels To Restructure R500Cr Loans
http://www.dealcurry.com/20120713-Kamat-Hotels-To-Restructure-R500Cr-Loans.htm
Kamat Hotels is in discussion with banks to restructure R500Cr. The company is planning to approach CDR. The rapid expansion led to high debt on the balance sheet.This January, Clearwater Capital Partners made an open offer to acquire 26% post conversion equity share capital of Kamat Hotels.Kamat Hotels had recently absorbed some of the hotels run by the Kamat family, taking promoters' stake to as much as 57%.
------------------------------------------------------------------
3) InMobi Acquires MMTG Labs
http://www.dealcurry.com/20120713-InMobi-Acquires-MMTG-Labs.htm
Bangalore based mobile ad network, InMobi has acquired San Francisco based MMTG Labs for undisclosed amount.
As a part of deal, the entire team including co-founders Ryan Merket and Nalin Mittal will be joining InMobi.
Founded in 2010, MMTG operates AppBistro, an application marketplace for Facebook pages, and AppGalleries, which allows anyone to create a web and mobile compatible app gallery, according to medianama.
------------------------------------------------------------------
4) TIAA-CREF Acquires Additional Stake In Den Network
http://www.dealcurry.com/20120713-TIAA-CREF-Acquires-Additional-Stake-In-Den-Network.htm
Teachers Insurance and Annuity Association - College Retirement Equities Fund Investment LLC has acquired additional 1% stake in Den Networks, a broadcasting and cable TV Company by acquiring 1.3 Mn shares through open market transaction.TIAA-CREF now holds around 5.93% stake in Den Networks.TIAA-CERF is now the largest non-promoter shareholder of the company. Other shareholders includes-StanChart IL&FS Asia Infrastructure G (4.98%) and Network 18 Media And Investments Limited (3.08%) among others.
------------------------------------------------------------------
5) Jindal Steel Raises Funds For Odisha Project
http://www.dealcurry.com/20120713-Jindal-Steel-Raises-Funds-For-Odisha-Project.htm
Jindal Steel and Power Limited has raised R3500 Cr from a consortium of lenders for a steel project in Odisha.
The funds will be utilized for a 2 Mn tonne coal-to-gas direct reduced iron (DRI) plant near Angul, Odisha.
------------------------------------------------------------------
6) Sutherland To Acquire Healthcare BPO Apollo Health Street
http://www.dealcurry.com/20120713-Sutherland-To-Acquire-Healthcare-BPO-Apollo-Health-Street.htm
Sutherland Global Services is acquiring Apollo Health Street, a health care BPO arm of Apollo Hospitals for R875Cr.The acquisition will help Sutherland to scale up its healthcare business both in India and the US.Barclays Capital is advising the promoters of Apollo for the deal.
------------------------------------------------------------------
7) Tube Investments To Acquire Shanthi Gears
http://www.dealcurry.com/20120713-Tube-Investments-To-Acquire-Shanthi-Gears.htm
Tube Investments of India Limited is acquiring majority stake in Coimbatore-based Shanthi Gears Limited.
The board of Chennai-based Murugappa group company - Tube Investment has approved the acquisition of 36.05 Mn equity shares of Shanthi Gears, representing 44.12% stake from Shanthi Gears' promoter P Subramanian, at Rs. 81/- per share, aggregating to R292Cr.
Tube Investments has made an open offer to acquire additional 21.24 Mn shares, representing 26% of the paid up share capital of SGL, at a price of Rs 81/- per share.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Friday, July 13, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 12, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 12, 2012:
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1) Welspun Corp To Raise Funds Through NCDs
http://www.dealcurry.com/20120712-Welspun-Corp-To-Raise-Funds-Through-NCDs.htm
Welspun Corp Limited is looking to raise R1000 Cr through NCDs to pay back debt. The funds raised would be utilized for refinancing of NCD, ECB and possible early redemption of FCCB.
CARE assigned the proposed instruments a rating of CARE AA-, on the basis of dip in the operating margins, debt repayment obligations over the next 3 years, including the FCCBs and the corporate guarantees given for its subsidiaries.
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2) CHD Developers Acquires Empire Realtech
http://www.dealcurry.com/20120712-CHD-Developers-Acquires-Empire-Realtech.htm
CHD Developers has acquired 7000 shares of Empire Realtech, pursuant to which it became wholly owned subsidiary of CHD Developers, according to filing on BSE.Empire Realtech holds the land parcel of 12.34 acre on Dwarka Express Highway, valued around R100Cr.CHD is planning to develop a group housing project on this land and is expected to be launched by end of this year.
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3) Karbonn Mobile To Raise PE Investment
http://www.dealcurry.com/20120712-Karbonn-Mobile-To-Raise-PE-Investment.htm
Karbonn Mobile is planning to raise R1000Cr by diluting 15-20% stake to PE investors. It is planning to set up a manufacturing plant and acquiring a Korean research and development firm.
Karbonn Mobiles will invest Rs 600 crore in the mobile device manufacturing plant in Chennai over 2013-14, for which land has been acquired. The balance of Rs 400 crore will be used in acquiring the R&D centre based out of Korea, for which due-diligence was going on, according to ET.
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4) Alliance Dental To Raise Funds For Expansion
http://www.dealcurry.com/20120712-Alliance-Dental-To-Raise-Funds-For-Expansion.htm
Alliance Dental Care is planning to raise R30 Cr through PE route. The funds will be utilized for expansion of the dental-care chain. The company is in talk with two domestic PE players which are interested in healthcare space.
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5) Mahindra Satyam Looking For Overseas Acquisitions
http://www.dealcurry.com/20120712-Mahindra-Satyam-Looking-For-Overseas-Acquisitions.htm
Mahindra Satyam is in talks to acquire an aerospace engineering firm in Europe, details of which are not revealed.
CEO CP Gurnani termed the potential acquisition news as speculative, according to ET.
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6) TranServ Raises Fund From Nirvana Venture
http://www.dealcurry.com/20120712-TranServ-Raises-Fund-From-Nirvana-Venture.htm
Nirvana Venture Advisor has invested in Mumbai based TranServ Private limited, a prepaid payment program manager. These funds will be used to scale up operations and resources to deliver current and planned payment products. As part of the deal, Amit Patni - Chairman and Rajan Mehra - MD of Nirvana Venture Advisors, will join the TranServ board.
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7) First Carlyle Buys Stake In Infotech Enterprises
http://www.dealcurry.com/20120712-First-Carlyle-Buys-Stake-In-Infotech-Enterprises.htm
Carlyle Group firm - First Carlyle Ventures Mauritius acquired 1.1 Cr shares of Infotech Enterprises Limited at R190 per share through NSE and BSE bulk deal transaction, valuing the deal at R211 Cr and representing a 9.96% stake in the company.
In contrast there were two major sellers, a combination of American Funds and Small Cap World Fund offloading 59.18 lakh shares at an average price of R190 per share in NSE and Kotak India Focus Fund selling a total of 29.30 lakh at the same price through NSE & BSE. Kotak India held 2.63% stake in the company.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Welspun Corp To Raise Funds Through NCDs
http://www.dealcurry.com/20120712-Welspun-Corp-To-Raise-Funds-Through-NCDs.htm
Welspun Corp Limited is looking to raise R1000 Cr through NCDs to pay back debt. The funds raised would be utilized for refinancing of NCD, ECB and possible early redemption of FCCB.
CARE assigned the proposed instruments a rating of CARE AA-, on the basis of dip in the operating margins, debt repayment obligations over the next 3 years, including the FCCBs and the corporate guarantees given for its subsidiaries.
------------------------------------------------------------------
2) CHD Developers Acquires Empire Realtech
http://www.dealcurry.com/20120712-CHD-Developers-Acquires-Empire-Realtech.htm
CHD Developers has acquired 7000 shares of Empire Realtech, pursuant to which it became wholly owned subsidiary of CHD Developers, according to filing on BSE.Empire Realtech holds the land parcel of 12.34 acre on Dwarka Express Highway, valued around R100Cr.CHD is planning to develop a group housing project on this land and is expected to be launched by end of this year.
------------------------------------------------------------------
3) Karbonn Mobile To Raise PE Investment
http://www.dealcurry.com/20120712-Karbonn-Mobile-To-Raise-PE-Investment.htm
Karbonn Mobile is planning to raise R1000Cr by diluting 15-20% stake to PE investors. It is planning to set up a manufacturing plant and acquiring a Korean research and development firm.
Karbonn Mobiles will invest Rs 600 crore in the mobile device manufacturing plant in Chennai over 2013-14, for which land has been acquired. The balance of Rs 400 crore will be used in acquiring the R&D centre based out of Korea, for which due-diligence was going on, according to ET.
------------------------------------------------------------------
4) Alliance Dental To Raise Funds For Expansion
http://www.dealcurry.com/20120712-Alliance-Dental-To-Raise-Funds-For-Expansion.htm
Alliance Dental Care is planning to raise R30 Cr through PE route. The funds will be utilized for expansion of the dental-care chain. The company is in talk with two domestic PE players which are interested in healthcare space.
------------------------------------------------------------------
5) Mahindra Satyam Looking For Overseas Acquisitions
http://www.dealcurry.com/20120712-Mahindra-Satyam-Looking-For-Overseas-Acquisitions.htm
Mahindra Satyam is in talks to acquire an aerospace engineering firm in Europe, details of which are not revealed.
CEO CP Gurnani termed the potential acquisition news as speculative, according to ET.
------------------------------------------------------------------
6) TranServ Raises Fund From Nirvana Venture
http://www.dealcurry.com/20120712-TranServ-Raises-Fund-From-Nirvana-Venture.htm
Nirvana Venture Advisor has invested in Mumbai based TranServ Private limited, a prepaid payment program manager. These funds will be used to scale up operations and resources to deliver current and planned payment products. As part of the deal, Amit Patni - Chairman and Rajan Mehra - MD of Nirvana Venture Advisors, will join the TranServ board.
------------------------------------------------------------------
7) First Carlyle Buys Stake In Infotech Enterprises
http://www.dealcurry.com/20120712-First-Carlyle-Buys-Stake-In-Infotech-Enterprises.htm
Carlyle Group firm - First Carlyle Ventures Mauritius acquired 1.1 Cr shares of Infotech Enterprises Limited at R190 per share through NSE and BSE bulk deal transaction, valuing the deal at R211 Cr and representing a 9.96% stake in the company.
In contrast there were two major sellers, a combination of American Funds and Small Cap World Fund offloading 59.18 lakh shares at an average price of R190 per share in NSE and Kotak India Focus Fund selling a total of 29.30 lakh at the same price through NSE & BSE. Kotak India held 2.63% stake in the company.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Thursday, July 12, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 11, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 11, 2012:
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1) Ashmita Papers Raises Funds For Backward Integration
http://www.dealcurry.com/20120711-Ashmita-Papers-Raises-Funds-For-Backward-Integration.htm
Ashmita Papers Private Limited raised R58 Cr term loan from banks to fund its backward integration project, according to ET.
The company was planning to set up an absorbent kraft paper plant at Kheda, near Ahmedabad.
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2) Mobikon Raises Series A Funding From Jungle Ventures
http://www.dealcurry.com/20120711-Mobikon-Raises-Series-A-Funding-From-Jungle-Ventures.htm
Mobikon has raised $1.7Mn in Series A funding from Singapore-based Jungle Ventures and regional angel investors including Ravi Mantha, Member of the Board of Trustees at The Indus Entrepreneurs (TiE). The funds will be used to increase sales and business development activities in geographies.
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3) Reliance Power Secures $1.1 Bn Loan From Chinese Banks
http://www.dealcurry.com/20120711-Reliance-Power-Secures-1-1-Bn-Loan-From-Chinese-Banks.htm
Reliance Power Ltd. has received $1.1 Bn in loans from three Chinese banks for a power project in central India.
The loans will be used to re-finance part of the $2.6 Bn financing received from Indian lenders to build a coal-fired power project at Sasan in Madhya Pradesh.
The loans, secured last week, are from Bank of China Ltd., China Development Bank Corp. and Export-Import Bank of China, according to WSJ.
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4) Maxis To Exit Aircel
http://www.dealcurry.com/20120711-Maxis-To-Exit-Aircel.htm
Maxis Communications Bhd is planning to sell its stake in Aircel and talking with Russian telecom giant – Sistema JSFC. It is planning to exit the telco due to regulatory uncertainty in the sector. In 2005, Maxis and Apollo’s Reddy acquired 74% and 26% stake of Aircel from C Sivashankaran for $1.08Bn. Maxis was looking for long term sustainability in India. Currently, Sindya Securities and Investments holds 26% stake in the company.
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5) Blackstone To Acquire Embassy Property's Office Portfolio
http://www.dealcurry.com/20120711-Blackstone-To-Acquire-Embassy-Property-s-Office-Portfolio.htm
Blackstone Group is set to acquire 36% stake in the tenanted office space portfolio of Embassy Property Developments for $230 Mn (R1300 Cr), according to transaction bankers.
Embassy would be demerging the FDI complaint office buildings in which the PE firm will acquire a significant minority stake. The transaction values Embassy's new holding company for office buildings at $900 Mn after rolling over Blackstone's earlier investment in one of the projects, according to TOI.
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6) Parker Hannifin Acquires Filtration Biz Of John Fowler
http://www.dealcurry.com/20120711-Parker-Hannifin-Acquires-Filtration-Biz-Of-John-Fowler.htm
Parker Hannifin Corporation has acquired filtration business of Bangalore based John Fowler (India) Private Limited - an air, fuel and hydraulic filter manufacturers for an undisclosed amount. The acquisition will help Parker to expand its base business and end market exposure in India. This acquisition will also add local manufacturing, product breadth, an experienced team, strong distribution and OEM customer relationships to Parker Hannifin.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Ashmita Papers Raises Funds For Backward Integration
http://www.dealcurry.com/20120711-Ashmita-Papers-Raises-Funds-For-Backward-Integration.htm
Ashmita Papers Private Limited raised R58 Cr term loan from banks to fund its backward integration project, according to ET.
The company was planning to set up an absorbent kraft paper plant at Kheda, near Ahmedabad.
------------------------------------------------------------------
2) Mobikon Raises Series A Funding From Jungle Ventures
http://www.dealcurry.com/20120711-Mobikon-Raises-Series-A-Funding-From-Jungle-Ventures.htm
Mobikon has raised $1.7Mn in Series A funding from Singapore-based Jungle Ventures and regional angel investors including Ravi Mantha, Member of the Board of Trustees at The Indus Entrepreneurs (TiE). The funds will be used to increase sales and business development activities in geographies.
------------------------------------------------------------------
3) Reliance Power Secures $1.1 Bn Loan From Chinese Banks
http://www.dealcurry.com/20120711-Reliance-Power-Secures-1-1-Bn-Loan-From-Chinese-Banks.htm
Reliance Power Ltd. has received $1.1 Bn in loans from three Chinese banks for a power project in central India.
The loans will be used to re-finance part of the $2.6 Bn financing received from Indian lenders to build a coal-fired power project at Sasan in Madhya Pradesh.
The loans, secured last week, are from Bank of China Ltd., China Development Bank Corp. and Export-Import Bank of China, according to WSJ.
------------------------------------------------------------------
4) Maxis To Exit Aircel
http://www.dealcurry.com/20120711-Maxis-To-Exit-Aircel.htm
Maxis Communications Bhd is planning to sell its stake in Aircel and talking with Russian telecom giant – Sistema JSFC. It is planning to exit the telco due to regulatory uncertainty in the sector. In 2005, Maxis and Apollo’s Reddy acquired 74% and 26% stake of Aircel from C Sivashankaran for $1.08Bn. Maxis was looking for long term sustainability in India. Currently, Sindya Securities and Investments holds 26% stake in the company.
------------------------------------------------------------------
5) Blackstone To Acquire Embassy Property's Office Portfolio
http://www.dealcurry.com/20120711-Blackstone-To-Acquire-Embassy-Property-s-Office-Portfolio.htm
Blackstone Group is set to acquire 36% stake in the tenanted office space portfolio of Embassy Property Developments for $230 Mn (R1300 Cr), according to transaction bankers.
Embassy would be demerging the FDI complaint office buildings in which the PE firm will acquire a significant minority stake. The transaction values Embassy's new holding company for office buildings at $900 Mn after rolling over Blackstone's earlier investment in one of the projects, according to TOI.
------------------------------------------------------------------
6) Parker Hannifin Acquires Filtration Biz Of John Fowler
http://www.dealcurry.com/20120711-Parker-Hannifin-Acquires-Filtration-Biz-Of-John-Fowler.htm
Parker Hannifin Corporation has acquired filtration business of Bangalore based John Fowler (India) Private Limited - an air, fuel and hydraulic filter manufacturers for an undisclosed amount. The acquisition will help Parker to expand its base business and end market exposure in India. This acquisition will also add local manufacturing, product breadth, an experienced team, strong distribution and OEM customer relationships to Parker Hannifin.
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Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Wednesday, July 11, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 10, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 10, 2012:
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1) Fidelity, Qualcomm Invests In Bigshoebazaar
http://www.dealcurry.com/20120710-Fidelity-Qualcomm-Invests-In-Bigshoebazaar.htm
Bigshoebazaar India Private Limited, an online wholesaler and retailer of shoes, apparel, bags, accessories and gift items has raised R100Cr in Series C round of funding led by Fidelity Growth Partners, Qualcomm Ventures and existing investors Nexus Venture and Catamaran Ventures for expansion.
Last July, Big Shoe Bazaar raised Series B round of Rs.40 Cr from Catamaran Ventures (R26Cr) and Nexus Ventures Partners (14Cr), by diluting 20% stake. In 2010, it raised Series A round of R10Cr from Nexus Venture Partners
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2) KPIT Cummins To Acquire Minority Stake In Sankalp Semiconductor
http://www.dealcurry.com/20120710-KPIT-Cummins-To-Acquire-Minority-Stake-In-Sankalp-Semiconductor.htm
KPIT is acquiring minority stake in the Sankalp Semiconductor Private Limited. The semiconductor hardware solutions business of KPIT Cummins Infosystems has entered into a partnership with Sankalp Semiconductor Pvt. Ltd and formed a wholly owned subsidiary named Sankalp & KPIT Semiconductor Pvt. Ltd., according to a press release on BSE.
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3) Adcock Ingram Acquires Assets Of Cosme Farma
http://www.dealcurry.com/20120710-Adcock-Ingram-Acquires-Assets-Of-Cosme-Farma.htm
Adcock Ingram Healthcare Private Limited has acquired certain assets of Goa based Cosme Farma Laboratories for R70.8Cr to expand its operations in India.
The acquisition of Cosme Farma would provide Adcock Ingram to enter highly fragmented and competitive market with its own brand of products and capabilities.
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4) OVL Plans IPO To Fund Overseas Acquisition
http://www.dealcurry.com/20120710-OVL-Plans-IPO-To-Fund-Overseas-Acquisition.htm
ONGC Videsh Limited is planning an IPO to raise close to R5000 Cr to fund overseas acquisition of oil assets.
Parent company ONGC had come up with a FPO earlier this year worth R12000 Cr and received a low response.
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5) Future Capital Exits Myra Mall Management
http://www.dealcurry.com/20120710-Future-Capital-Exits-Myra-Mall-Management.htm
Future Capital Holdings has sold its wholly owned subsidiary Myra Mall Management Company to Jaydev Mody owned Providence Educational Academy for R98Cr.
The sale comes after the Government deferred the clearance of Warburg Pincus' purchase of Future Capital, stating that the Indian finance company must first hive off its wholly-owned real estate subsidiary.
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6) IFC Invests In Global Indian International School
http://www.dealcurry.com/20120710-IFC-Invests-In-Global-Indian-International-School.htm
IFC has proposed to provide SGD $25Mn to Global Indian International School(GIIS), run by the Global Schools Foundation for expansion.
The amount has been invested for Greenfield and acquisitions in the lesser developed countries in South and South East Asia. GIIS plans to use a significant part of the funding in India where two new schools are scheduled to come up in Bangalore and Ahmedabad, to complement its existing schools in Noida, Surat and Indore.
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7) Mindlogicx To Merge With SQL Star
http://www.dealcurry.com/20120710-Mindlogicx-To-Merge-With-SQL-Star.htm
Mindlogicx Infratech Limited is set to amalgamate with SQL Star International Limited, a BSE filing said.
The swap ratio for amalgamation post the financial restructuring would be 4 equity shares held of Mindlogicx of R10 each being allotted 5 equity shares of R10 each of SQL Star International.
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8) Genpact Acquires American Engineering Firm Triumph
http://www.dealcurry.com/20120710-Genpact-Acquires-American-Engineering-Firm-Triumph.htm
Genpact is acquiring Ohio based Triumph Engineering, an engineering and technical services provider for an undisclosed amount.The acquisition will enhance Genpact’s service portfolio for the infrastructure and manufacturing sector by adding capabilities in the segment of engineering and technical services.As part of the deal, 90 Triumph employees will join Genpact's Infrastructure, Manufacturing and Services (IMS) vertical.
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9) L&T Acquires Malaysian Busduct System Manufacturer Henikwon Corp
http://www.dealcurry.com/20120710-L-T-Acquires-Malaysian-Busduct-System-Manufacturer-Henikwon-Corp.htm
Larsen & Tubro Limited has acquired Malaysia based Henikwon Corporation Sdn Bhd, a busduct systems manufacturer through its Malaysian subsidiary Tamco Switchgear.
The Henikwon acquisition brings a strong customer base of large corporations to Tamco.
Established in 1982, Henikwon Corporation is a leading manufacturer of Low Voltage (LV) and Medium Voltage (MV) busduct systems. Henikwon brand is globally well recognized and offers high quality products under compliance to international quality standards.
------------------------------------------------------------------
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Fidelity, Qualcomm Invests In Bigshoebazaar
http://www.dealcurry.com/20120710-Fidelity-Qualcomm-Invests-In-Bigshoebazaar.htm
Bigshoebazaar India Private Limited, an online wholesaler and retailer of shoes, apparel, bags, accessories and gift items has raised R100Cr in Series C round of funding led by Fidelity Growth Partners, Qualcomm Ventures and existing investors Nexus Venture and Catamaran Ventures for expansion.
Last July, Big Shoe Bazaar raised Series B round of Rs.40 Cr from Catamaran Ventures (R26Cr) and Nexus Ventures Partners (14Cr), by diluting 20% stake. In 2010, it raised Series A round of R10Cr from Nexus Venture Partners
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2) KPIT Cummins To Acquire Minority Stake In Sankalp Semiconductor
http://www.dealcurry.com/20120710-KPIT-Cummins-To-Acquire-Minority-Stake-In-Sankalp-Semiconductor.htm
KPIT is acquiring minority stake in the Sankalp Semiconductor Private Limited. The semiconductor hardware solutions business of KPIT Cummins Infosystems has entered into a partnership with Sankalp Semiconductor Pvt. Ltd and formed a wholly owned subsidiary named Sankalp & KPIT Semiconductor Pvt. Ltd., according to a press release on BSE.
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3) Adcock Ingram Acquires Assets Of Cosme Farma
http://www.dealcurry.com/20120710-Adcock-Ingram-Acquires-Assets-Of-Cosme-Farma.htm
Adcock Ingram Healthcare Private Limited has acquired certain assets of Goa based Cosme Farma Laboratories for R70.8Cr to expand its operations in India.
The acquisition of Cosme Farma would provide Adcock Ingram to enter highly fragmented and competitive market with its own brand of products and capabilities.
------------------------------------------------------------------
4) OVL Plans IPO To Fund Overseas Acquisition
http://www.dealcurry.com/20120710-OVL-Plans-IPO-To-Fund-Overseas-Acquisition.htm
ONGC Videsh Limited is planning an IPO to raise close to R5000 Cr to fund overseas acquisition of oil assets.
Parent company ONGC had come up with a FPO earlier this year worth R12000 Cr and received a low response.
------------------------------------------------------------------
5) Future Capital Exits Myra Mall Management
http://www.dealcurry.com/20120710-Future-Capital-Exits-Myra-Mall-Management.htm
Future Capital Holdings has sold its wholly owned subsidiary Myra Mall Management Company to Jaydev Mody owned Providence Educational Academy for R98Cr.
The sale comes after the Government deferred the clearance of Warburg Pincus' purchase of Future Capital, stating that the Indian finance company must first hive off its wholly-owned real estate subsidiary.
------------------------------------------------------------------
6) IFC Invests In Global Indian International School
http://www.dealcurry.com/20120710-IFC-Invests-In-Global-Indian-International-School.htm
IFC has proposed to provide SGD $25Mn to Global Indian International School(GIIS), run by the Global Schools Foundation for expansion.
The amount has been invested for Greenfield and acquisitions in the lesser developed countries in South and South East Asia. GIIS plans to use a significant part of the funding in India where two new schools are scheduled to come up in Bangalore and Ahmedabad, to complement its existing schools in Noida, Surat and Indore.
------------------------------------------------------------------
7) Mindlogicx To Merge With SQL Star
http://www.dealcurry.com/20120710-Mindlogicx-To-Merge-With-SQL-Star.htm
Mindlogicx Infratech Limited is set to amalgamate with SQL Star International Limited, a BSE filing said.
The swap ratio for amalgamation post the financial restructuring would be 4 equity shares held of Mindlogicx of R10 each being allotted 5 equity shares of R10 each of SQL Star International.
------------------------------------------------------------------
8) Genpact Acquires American Engineering Firm Triumph
http://www.dealcurry.com/20120710-Genpact-Acquires-American-Engineering-Firm-Triumph.htm
Genpact is acquiring Ohio based Triumph Engineering, an engineering and technical services provider for an undisclosed amount.The acquisition will enhance Genpact’s service portfolio for the infrastructure and manufacturing sector by adding capabilities in the segment of engineering and technical services.As part of the deal, 90 Triumph employees will join Genpact's Infrastructure, Manufacturing and Services (IMS) vertical.
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9) L&T Acquires Malaysian Busduct System Manufacturer Henikwon Corp
http://www.dealcurry.com/20120710-L-T-Acquires-Malaysian-Busduct-System-Manufacturer-Henikwon-Corp.htm
Larsen & Tubro Limited has acquired Malaysia based Henikwon Corporation Sdn Bhd, a busduct systems manufacturer through its Malaysian subsidiary Tamco Switchgear.
The Henikwon acquisition brings a strong customer base of large corporations to Tamco.
Established in 1982, Henikwon Corporation is a leading manufacturer of Low Voltage (LV) and Medium Voltage (MV) busduct systems. Henikwon brand is globally well recognized and offers high quality products under compliance to international quality standards.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Tuesday, July 10, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 9, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 9, 2012:
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1) Sheth Developers Raises Debt From IndiaBulls
http://www.dealcurry.com/2012079-Sheth-Developers-Raises-Debt-From-IndiaBulls.htm
Sheth Developers has raised R450Cr debt from IndiaBulls Finance. The funds raised will be partly used for paring debt and remaining for the completion of the Vivacity Mall.
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2) SaaS Player With Proven Product Looking For Growth Capital
http://www.dealcurry.com/2012079-SaaS-Player-With-Proven-Product-Looking-For-Growth-Capital.htm
Existing, self sustained business solution SaaS Player with a high ticket size fully commercialized product believes in the opportunity of drastic scaling up PAN India, Middle East, Far East and is looking for growth capital to exploit the full market potential.
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3) Accel, Qualcomm Invest In ZopNow
http://www.dealcurry.com/2012079-Accel-Qualcomm-Invest-In-ZopNow.htm
Accel and Qualcomm has committed Series A funding to Bangalore based - ZopNow Retail Private Limited, an online hypermarket for groceries & related goods. The amount of investment is undisclosed.The funds raised will be used to improve last-mile delivery, expand inventory & add technology for better monitoring & control. The company is also launching a mobile application suitable for tablets, very soon.
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4) Quadria Capital To Raise Healthcare Fund
http://www.dealcurry.com/2012079-Quadria-Capital-To-Raise-Healthcare-Fund.htm
Quadria Capital and Investment Management is planning to raise $300 Mn healthcare fund. Religare Global Asset Management has committed to invest $15-20 Mn and become the anchor investor in the fund.
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5) Sudar Garments Acquires Benzo Petro International
http://www.dealcurry.com/2012079-Sudar-Garments-Acquires-Benzo-Petro-International.htm
Sudar Garments Limited has acquired Benzo Petro International Limited for R26Cr.Incorporated in 1991 by Dhirajlal.C.Gami and Ramesh.C.Gami, Gujarat based Benzo Petro manufactures and exports various benzaldehyde products. This year in January, Sudar Garments acquired Gujarat based apparel brand George Street London, which provided Sudar access to 10 franchise outlets of GSL.
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6) SKS Micro To Raise Funds For Expansion
http://www.dealcurry.com/2012079-SKS-Micro-To-Raise-Funds-For-Expansion.htm
SKS Microfinance Limited is planning to raise R3500Cr to fund its expansion. The money would be procured in the form of debt from banks and financial institutions over a period of year as stated by CFO S. Dilli Raj of the company.
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7) Vedanta May Buy Stake In Rajasthan Refinery
http://www.dealcurry.com/2012079-Vedanta-May-Buy-Stake-In-Rajasthan-Refinery.htm
Vedanta Resources is planning to acquire a minority stake in oil refinery in Rajasthan. The R200 Bn (estimated) refinery coming up at Barmer will have a capacity to refine 9Mn tones a year.Last year, the company acquired controlling stake in Cairn Energy for $8.7Bn which pumps around 1.75 lakh barrels a day from district of Barmer.Earlier this June, Vedanta Resources Plc acquired 24.5% stake in Raykal Aluminium Company Private Limited for R200.7Cr.
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You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Sheth Developers Raises Debt From IndiaBulls
http://www.dealcurry.com/2012079-Sheth-Developers-Raises-Debt-From-IndiaBulls.htm
Sheth Developers has raised R450Cr debt from IndiaBulls Finance. The funds raised will be partly used for paring debt and remaining for the completion of the Vivacity Mall.
------------------------------------------------------------------
2) SaaS Player With Proven Product Looking For Growth Capital
http://www.dealcurry.com/2012079-SaaS-Player-With-Proven-Product-Looking-For-Growth-Capital.htm
Existing, self sustained business solution SaaS Player with a high ticket size fully commercialized product believes in the opportunity of drastic scaling up PAN India, Middle East, Far East and is looking for growth capital to exploit the full market potential.
------------------------------------------------------------------
3) Accel, Qualcomm Invest In ZopNow
http://www.dealcurry.com/2012079-Accel-Qualcomm-Invest-In-ZopNow.htm
Accel and Qualcomm has committed Series A funding to Bangalore based - ZopNow Retail Private Limited, an online hypermarket for groceries & related goods. The amount of investment is undisclosed.The funds raised will be used to improve last-mile delivery, expand inventory & add technology for better monitoring & control. The company is also launching a mobile application suitable for tablets, very soon.
------------------------------------------------------------------
4) Quadria Capital To Raise Healthcare Fund
http://www.dealcurry.com/2012079-Quadria-Capital-To-Raise-Healthcare-Fund.htm
Quadria Capital and Investment Management is planning to raise $300 Mn healthcare fund. Religare Global Asset Management has committed to invest $15-20 Mn and become the anchor investor in the fund.
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5) Sudar Garments Acquires Benzo Petro International
http://www.dealcurry.com/2012079-Sudar-Garments-Acquires-Benzo-Petro-International.htm
Sudar Garments Limited has acquired Benzo Petro International Limited for R26Cr.Incorporated in 1991 by Dhirajlal.C.Gami and Ramesh.C.Gami, Gujarat based Benzo Petro manufactures and exports various benzaldehyde products. This year in January, Sudar Garments acquired Gujarat based apparel brand George Street London, which provided Sudar access to 10 franchise outlets of GSL.
------------------------------------------------------------------
6) SKS Micro To Raise Funds For Expansion
http://www.dealcurry.com/2012079-SKS-Micro-To-Raise-Funds-For-Expansion.htm
SKS Microfinance Limited is planning to raise R3500Cr to fund its expansion. The money would be procured in the form of debt from banks and financial institutions over a period of year as stated by CFO S. Dilli Raj of the company.
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7) Vedanta May Buy Stake In Rajasthan Refinery
http://www.dealcurry.com/2012079-Vedanta-May-Buy-Stake-In-Rajasthan-Refinery.htm
Vedanta Resources is planning to acquire a minority stake in oil refinery in Rajasthan. The R200 Bn (estimated) refinery coming up at Barmer will have a capacity to refine 9Mn tones a year.Last year, the company acquired controlling stake in Cairn Energy for $8.7Bn which pumps around 1.75 lakh barrels a day from district of Barmer.Earlier this June, Vedanta Resources Plc acquired 24.5% stake in Raykal Aluminium Company Private Limited for R200.7Cr.
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You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Saturday, April 14, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Apr 13, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Apr 13, 2012:
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1) Trimax Raises R100Cr From Aditya Birla Capital
http://www.dealcurry.com/20120413-Trimax-Raises-R100Cr-From-Aditya-Birla-Capital.htm
Aditya Birla Capital Advisors has invested R100Cr in Mumbai-based Trimax IT Infrastructure And Services Ltd.
The deal will see a partial exit for BanyanTree Growth Capital I, which invested in the company in 2009 for 10% stake. The terms of the deal were not yet disclosed.
Desai and Diwanji were the advisors to Aditya Birla PE Fund.
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2) eClerx Acquires US Based KPO - Agilyst Inc
http://www.dealcurry.com/20120413-eClerx-Acquires-US-Based-KPO-Agilyst-Inc.htm
eClerx Services Limited has acquired US based Agilyst Inc, a KPO company through its overseas subsidiary eClerx Investments Ltd.
Post acquisition, Agilyst's management team will continue to manage day-to-day operations and the company will operate as wholly owned subsidiary of eClerx.
The consideration for the acquisition will be all cash and includes a substantial earn out component based on Agilyst's future performance. The transaction will be funded from eClerx's internal resources and there is no intention to raise any incremental capital.
Avendus Capital was the advisor to eClerx on the transaction while MAPE Advisory Group was the advisor for Agilyst.
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3) GSK, Teva May Acquire Micro Labs' India Business
http://www.dealcurry.com/20120413-GSK-Teva-May-Acquire-Micro-Labs-India-Business.htm
Glaxosmithkline and Teva Pharma are planning to buy Bangalore-based Micro Labs' India business.
According to BS, both the companies are in separate discussions to acquire the domestic business of Micro Labs. Nomura is advising Micro Labs on the deal.
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4) Sudhir Valia To Invest In Fortune Financial Services
http://www.dealcurry.com/20120413-Sudhir-Valia-To-Invest-In-Fortune-Financial-Services.htm
Sudhir Valia, Executive director of Sun Pharmaceuticals is planning to 20% stake in Fortune Financial Services India Limited.
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5) Asia Motor Works To Raise $100Mn For Expansion
http://www.dealcurry.com/20120413-Asia-Motor-Works-To-Raise-100Mn-For-Expansion.htm
Asia Motor Works Limited is planning to raise $100 Mn for expansion through a mix of debt and equity.
According to ET, the funds will enable the company to build capacity to make new cabs, next generation trucks and expand manufacturing. The truck maker proposes to produce cabins locally, which were so far imported and assembled.
Asia Motor Works has recently acquired FamilyCredit Limited in an all cash deal. FamilyCredit was a wholly-owned subsidiary of Societe Generale Consumer Finance, a division of the Specialised Financial Services of Societe Generale Group, France. It offers auto loans, two wheeler loans and loyalty loans.
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Friday, April 13, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Apr 12, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Apr 12, 2012:
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1) Pragati India Fund Invests $5Mn In Water Treatment Firm - Jash Engineering
http://www.dealcurry.com/20120412-Pragati-India-Fund-Invests-5Mn-In-Water-Treatment-Firm-Jash-Engineering.htm
Pragati India Fund has invested $5Mn in Indore based Jash Engineering Ltd. It will used the funds to expand capacity, strengthen the exports business and partner municipalities to generate clean power from residual water.
Jash Engineering Ltd was founded in 1973 by Navin Patel and Laxmi Nandan Amin to manufacture a variety of engineering products, including water control gates, valves, fine and coarse screens, cast iron castings, decanters and valves.
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2) Japan Pulp And Paper Acquires 49% In KCT Trading
http://www.dealcurry.com/20120412-Japan-Pulp-And-Paper-Acquires-49-In-KCT-Trading.htm
Japan Pulp And Paper Company Limited has acquired 49% stake in Kolkata based KCT Trading Private Limited.
The acquisition will enable the JPP Group to strengthen its sales network in the Indian paper market. The sale of a minority stake to an international paper trading Company will provide KCT more cost effective and broad based sourcing opportunities, as well as the impetus to continue its growth in the Indian market.
Langham Capital acted as financial advisors to KCT Trading on this deal.
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3) Region Holdings To Invest In Real Estate, BFSI & IT Space
http://www.dealcurry.com/20120412-Region-Holdings-To-Invest-In-Real-Estate-BFSI-IT-Space.htm
Regions Holding is planning to acquire NBFC for around $10 Mn. The PE fund has shortlisted some from the southern and western parts of the country that focus on lending to small and medium enterprises and students.
Regions Holding has also planned to invest upto $150 MN across real estate, construction, technology and financial services sector in India. The fund has already made its first investments, but the company name is undisclosed.
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4) US Based Elliott Management Corp Divests Patni Computers' Stake
http://www.dealcurry.com/20120412-US-Based-Elliott-Management-Corp-Divests-Patni-Computers-Stake.htm
New York-based hedge fund Elliott Management Corp has divested 10.46% stake in Patni Computer Systems Limited for about R700Cr.
Elliot, which manages assets worth $17 Bn, bought Patni stock through its Mauritius registered investment arms, Mansfield Ltd and Suffolk Ltd, which made some 70-odd transactions on BSE and NSE in November and December. Elliott has been buying small chunks of Patni Computer Systems since October.
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5) Insieve Raises Funds From Ojas Ventures, Blume Ventures
http://www.dealcurry.com/20120412-Insieve-Raises-Funds-From-Ojas-Ventures-Blume-Ventures.htm
Inseive has raised angel funding led by Ojas Ventures and Blume Ventures.
Post funding, Gautam Balijepalli and Rajesh Srivathsa will join the Insieve board and Karthik Reddy of Blume Ventures will serve an observer.
Insieve, the company behind Dhiti product is a sharing network that learns what you share (within your network) and recommends content based on one’s reading behavior (as well as from the network).
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6) Mitsui Sumitomo Acquires New York Life Stake In Max New York Life
http://www.dealcurry.com/20120412-Mitsui-Sumitomo-Acquires-New-York-Life-Stake-In-Max-New-York-Life.htm
Japan based MS&AD Insurance Group has bought out New York Life Insurance's 26% stake in Max New York Life, a JV between New York Life and Max India. The deal size is estimated to be about R2700Cr, according to ET.
According to the deal structure, New York Life sold part of its 26% stake directly to Mitusi Sumitomo and partly to Max India, which in turn sold a part to the Japanese partner.
Mitsui Sumitomo Insurance Co will gain representation on the board of Max New York Life Insurance Co and run the unit with Max India Ltd group. The deal is expected to close in the first half of the year, pending approval from Indian authorities.
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7) Trafigura To Invest $130 Mn In Nagarjuna Oil
http://www.dealcurry.com/20120412-Trafigura-To-Invest-130-Mn-In-Nagarjuna-Oil.htm
Trafigura is investing $250 Mn in Nagarjuna Oil Corporation Limited.
Of the total investment, $130 Mn will be invested as equity, while the rest will be invested for developing storage facility.
The new refinery and storage project will be located on the east coast of India, and will be able to receive supertankers, which typically can load up to 2 million barrels of oil.
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8) India Hospitality Group Acquires Adelie Food Group
http://www.dealcurry.com/20120412-India-Hospitality-Group-Acquires-Adelie-Food-Group.htm
India Hospitality Corp has acquired UK based Adelie Food Group from Duke Street Capital.
With this deal, IHC will be able strengthen its presence internationally and plans to make packaged food readily available for Indian consumers to buy from supermarkets and even from some mom-and-pop stores.
Formed in 2006 by PE firm Duke Star Capital, Adelie Food supplies quiches, salads, sandwiches and assorted ready-toeat food to retail chains such as Starbucks coffee and Sainsbury's supermarkets. The company is a supplier to Cafe Coffee Day and Costa Coffee.
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9) Unitus Seed Fund Invests In Chennai Based VillGro Innovation Marketing
http://www.dealcurry.com/20120412-Unitus-Seed-Fund-Invests-In-Chennai-Based-VillGro-Innovation-Marketing.htm
Chennai based Villgro Innovation Marketing Private Limited has raised seed series investment from US-based investment firm Unitus Seed Fund and a group of angel investors to further expand its operations in South India.
Villgro will use the funds to expand distribution operations, increase product portfolio, build internal systems and management capability.
Unitus Capital acted as a financial advisor to Unitus Seed Fund on this investment.
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Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Thursday, April 12, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Apr 11, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Apr 11, 2012:
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1) Vienova Education Raises R15.7Cr from Bamboo Finance
http://www.dealcurry.com/20120411-Vienova-Education-Raises-R15-7Cr-from-Bamboo-Finance.htm
Delhi based Vienova Education Private Limited has raised R15.7Cr from Bamboo Finance, managers of the Oasis Fund.
With this investment, Mr Keith Allman from Bamboo Finance, joins the board of Vienova. The company will use fund raised to expand it's services to 100 schools.
Grameen Capital India was the advisor to Vienova on this transaction.
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2) Reliance Capital Acquires Stake In Titagarh Wagons For R27Cr
http://www.dealcurry.com/20120411-Reliance-Capital-Acquires-Stake-In-Titagarh-Wagons-For-R27Cr.htm
Reliance Capital Trustee Company has acquired stake in Titagarh Wagons Limited through bulk deal on exchange.
Reliance Capital Trustee Company bought 8.10 lakh shares of Titagarh Wagons for R330.01 a piece aggregating to R26.73Cr on BSE.
Meanwhile, India Capital Fund Limited sold 686615 shares of Titagarh Wagons at R330 on the BSE and India Capital Opportunities 1 Ltd sold 122691 shares at R330.01 on the BSE.
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3) Carlyle, Sequoia May Invest In JSM Corp
http://www.dealcurry.com/20120411-Carlyle-Sequoia-May-Invest-In-JSM-Corp.htm
Carlyle Group and Sequoia Capital are planning to invest $40-50 Mn in JSM Corp for minority stake in the company.
Premji Invest and New Silk Route are also in talks to invest in the company. The company plans to establish 80-100 outlets of California Pizza Kitchen in the next five-six years, besides expansion of its other brands including Pitstop.
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4) Reliance Industries To Buy Stake In Kingfisher Airlines
http://www.dealcurry.com/20120411-Reliance-Industries-To-Buy-Stake-In-Kingfisher-Airlines.htm
Reliance Industries is planning to acquire stake in debt-ridden Kingfisher Airlines Limited.
If the deal goes through, Reliance would also get Mangalore Chemicals and Fertilizers Ltd, in which the UB group has a 30.44%.
Mangalore Chemicals is a fertilizer manufacturing company. It manufactures wide range of products that includes Urea, Di-Ammonium Phosphate, Muriate of Potash, Granulated Fertilizers, Micronutrients, Soil Conditioners and Specialty Fertilizers.
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5) Rakesh Jhunjhunwala Acquires Additional Stake In Viceroy Hotels
http://www.dealcurry.com/20120411-Rakesh-Jhunjhunwala-Acquires-Additional-Stake-In-Viceroy-Hotels.htm
Rakesh Jhunjhunwala has acquired additional 3.43% stake in Viceroy Hotels through open market transaction.
Jhunjhunwala bought 1.45 MN shares for R2.18Cr through bulk deal on BSE. Post the purchase, his stake in the company has gone up to 13.45%.
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6) Bharti Airtel May Buy 4G Licences From Qualcomm
http://www.dealcurry.com/20120411-Bharti-Airtel-May-Buy-4G-Licences-From-Qualcomm.htm
Bharti Airtel is planning to buy 4G licenses from Qualcomm for R6000Cr, which will enable it to launch 4G services in Delhi and Mumbai.
Bharti Airtel on Tuesday launched 4G service in Kolkata, which will offer data speeds more than 10 times faster than 3G.
In 2010, US-based chipmaker Qualcomm through its Indian arm - Qualcomm India took part in the BWA auction and got licences for four markets, which includes Delhi, Mumbai, Kerala and Haryana, for Rs. 4,912 Cr. Postauction, Qualcomm had formed separate joint venture companies for the four service areas.
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7) 3i Infotech May Divest Stake In Locuz Enterprise
http://www.dealcurry.com/20120411-3i-Infotech-May-Divest-Stake-In-Locuz-Enterprise.htm
3i Infotech Limited is planning to exit from Hyderabad based Locus Enterprise Solutions Limited by selling its 74% stake in the company for R60Cr.
This is being done as part of its CDR plan to improve liquidity position, according to BS.
In 2008, 3i Infotech acquired 26% stake In Locuz for R6.93Cr, followed by further acquisition of 25% stake in 2009 for R5.32Cr. In 2010, 3i Infotech acquired additional 23% stake in the company for R10.55Cr.
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Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Wednesday, April 11, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Apr 10, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Apr 10, 2012:
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1) Thomson Reuters Acquires Tax Software Biz Of Fast Facts
http://www.dealcurry.com/20120410-Thomson-Reuters-Acquires-Tax-Software-Biz-Of-Fast-Facts.htm
Thomson Reuters has acquired the tax software business of Mumbai based Fast Facts, a leading tax software provider. The terms of the transaction were not disclosed.
Fast Facts is the leading withholding tax software provider which serves approximately 10,000 professionals and small firms, including the Big 4 accounting firms, banks and MNCs.
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2) Aditya Birla May Acquire 26% In Living Media
http://www.dealcurry.com/20120410-Aditya-Birla-May-Acquire-26-In-Living-Media.htm
Aditya Birla Group is planning to acquire 26% stake in Living Media India Limited, which owns the India Today group of publications.
Living Media owns 57.1% in TV Today Network, the listed company that owns the group's broadcasting assets.
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3) EnerSys Acquires 50.5% In Energy Leader Batteries
http://www.dealcurry.com/20120410-EnerSys-Acquires-50-5-In-Energy-Leader-Batteries.htm
US based EnerSys has acquired 50.5% stake in Hyderabad-based Energy Leader Batteries India Private Limited, a VRLA battery manufacturer through its Singapore subsidiary - EnerSys Reserve Power Pte. Ltd.
Akasam Consulting Private Limited was the sole advisor to Energy Leader Batteries for this transaction.
Incorporated in 2007, Energy Leader Batteries manufactures valve-Regulated-Lead Acid (VRLA) Batteries for industrial applications. The company offers VRLA batteries for Telecom industry (fixed line operators, cellular service providers, switch & exchange OEMs) and Railways.
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4) Tiger Global Invests In Olacabs
http://www.dealcurry.com/20120410-Tiger-Global-Invests-In-Olacabs.htm
Car rentals and cab hire services provider – Olacabs has raised series A funding from Tiger Global Management. The funds raised will be used for to scale up operations nationally and further strengthen its technology platform.
Founded in 2010 by Bhavish Aggarwal and Ankit Bhati, Olacabs is a Mumbai based startup that brings the cab services online.
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5) Sony Pictures To Acquire 30% In MAA Television
http://www.dealcurry.com/20120410-Sony-Pictures-To-Acquire-30-In-MAA-Television.htm
Sony Pictures Television is set to acquire 30% stake in Hyderabad-based MAA Television Network Limited.
Post acquisition, current management of MAA TV would continue to function, while Sony Pictures will remain a strategic investor and content provider to MAA TV.
According to BS, MAA Televison and Sony Pictures has entered into strategic alliance, which would enable SPT or any of its affiliates to acquire 30% equity stake in MAA Television Network Limited on signing the Definitive Agreement and subject to obtaining necessary approvals from the concerned statutory authorities.
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http://hasslefreehouses.com/selfstorage
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