Feb 26, 2013 | India, News
Economic Times 20 February 2013 NEW DELHI: Chennai-based consumer goods firm CavinKare is in talks with private equity firms Everstone Capital and Chrys-Capital to raise up to Rs350 crore by selling a minority stake in the company, two people with direct knowledge of...
Feb 26, 2013 | India, News
Economic Times 26 February 2013 NEW DELHI: Homegrown private equity firm ChrysCapital has picked up 10% stake in Au Financiers, a non-banking financial company for Rs 120 crore. At this price, the company is being valued at Rs 1,200 crore, which is 50% more than its...
Feb 25, 2013 | Africa, News
Advanced Finance and Investment Group (AFIG) has committed $14 million to two Senegal-based companies, Elton Oil Company, a downstream oil company, and Senbus Industries, an automotive assembler. The companies will initially get $10 million as a hybrid of equity and...
Feb 25, 2013 | Africa, News
VENTURES AFRICA – The Climate Investment Funds (CIF) has agreed to provide Nigeria with $50 million to support an African Development Bank-backed program of financial intermediation for renewable energy and energy efficiency through local banks. The money, being...
Feb 25, 2013 | Central & Eastern Europe, News, Russia
MOSCOW/LONDON, Feb 22 (Reuters) – Russian billionaire Mikhail Prokhorov has sold his stake in London-listed gold miner Polyus Gold to two Russian buyers for $3.6 billion after approval from British regulators. The sale marks the end of an era for Prokhorov, an...