------------------------------------------------------------------
1) Clearwater Capital May Acquire 26% Stake In Kamat Hotels
http://www.dealcurry.com/20120111-Clearwater-Capital-May-Acquire-26-Stake-In-Kamat-Hotels.htm
Clearwater Capital Partners has made an open offer to acquire 26% post conversion equity share capital of Kamat Hotels.
Clearwater is offering a price of R135 per equity share for the acquisition of 4,964,283 shares aggregating to R67Cr. Systematix Corporate Services Ltd is managing the open offer for Clearwater Capital Partners.
------------------------------------------------------------------
2) Beacon India Acquires Stake In Sterling Holidays For R4.56Cr
http://www.dealcurry.com/20120111-Beacon-India-Acquires-Stake-In-Sterling-Holidays-For-R4-56Cr.htm
Beacon India Private equity Fund has bought stake in Sterling Holiday Resort India Limited from Leena Investments through a bulk deal on BSE.
Beacon India purchased 5.4 lakhs shares at a price of R84.5 per share aggregating to R4.56Cr.
Last year company raised R120Cr through preferential allotment of shares and convertible warrants, to fund expansion plans. Rakesh Jhunjhunwala and Radhakrishna Damani bought shares in the company during the fund raising.
------------------------------------------------------------------
3) GoI Opens Up Single Brand Retail, Allows 100% FDI
http://www.dealcurry.com/20120111-GoI-Opens-Up-Single-Brand-Retail-Allows-100-FDI.htm
Indian Government has opened up single brand retail business in India by allowing 100% FDI.
This announcement comes days after GoI's proposal to allow 51% FDI in multi brand retail triggered protests. The Government than ssuspended plans to allow FDI in multi branded retail.
------------------------------------------------------------------
4) Sunteck Realty To Raise PE Funding For Goregaon Project
http://www.dealcurry.com/20120111-Sunteck-Realty-To-Raise-PE-Funding-For-Goregaon-Project.htm
Sunteck Realty Limited is planning to raise funds for Goregaon project in Mumbai.
The company has signed agreement to acquire 10 acres land in Goregaon suburb of Mumbai for nearly R350Cr and is in talks with PE firms to joint development.
According to ET, currently a part of this land parcel is occupied by cattle sheds, while rest is a vacant plot.
------------------------------------------------------------------
5) Pratibha Industries Plans To Sell Saw Pipes Biz For R110Cr
http://www.dealcurry.com/20120111-Pratibha-Industries-Plans-To-Sell-Saw-Pipes-Biz-For-R110Cr.htm
Pratibha Industries Limited is planning to sell its saw pipes manufacturing business in order to reduce cost and improve net profit margin.
In Oct 2010, ChrysCapital invested R50Cr ($11.35 Mn) in Pratibha Industries Ltd.
It made preferential allotment of equity shares and CCPPS to "Van Dyck" a subsidiary of "ChrysCapital V, LLC" for R92 per equity share and CCPPS of face value up to R92.
------------------------------------------------------------------
6) Muthoot Fincorp To Raise R500-600Cr PE Funding
http://www.dealcurry.com/20120111-Muthoot-Fincorp-To-Raise-R500-600Cr-PE-Funding.htm
Muthoot Fincorp is planning to raise about R500-600Cr PE investment by offloading 5-6% stake.
The proceeds will be used to fund it's expansion plans over the next one year. It is looking to add 1000 more branches in next one year.
------------------------------------------------------------------
7) Fourcee Infra Raises $104Mn From General Atlantic
http://www.dealcurry.com/20120111-Fourcee-Infra-Raises-104Mn-From-General-Atlantic.htm
Fourcee Infrastructure has raised $104Mn of growth capital from General Atlantic. The funds will be used to expand tank terminals, add more containers and to strengthen its infrastructure.
Ranjit Pandit, managing director at General Atlantic will be joining the board of Fourcee.The company raised R50Cr from Mayfield India Fund and SIDBI Venture Capital in March 2010.
------------------------------------------------------------------
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
No comments:
Post a Comment