TPG weighs options to exit Shriram Transport Finance

The Economic Times 3 September 2012 MUMBAI: TPG, the private equity with $51 billion in investments across the globe, could sell its 20 per cent stake in Shriram Transport Finance Corp (STFC) valued at nearly Rs 2,800 crore in negotiated deals as a strategic buyer...

Goldman Sachs picks up 26% in Nova Specialty Surgery

The Economic Times 14 August 2012 BANGALORE: Short-stay surgery provider Nova Specialty Surgery has raised 300 crore from Goldman Sachs and existing investor New Enterprise Associates, to expand its network of centres and fertility clinics in the country. The private...

Gita Piramal divests 95% stake in BP Ergo to HNI Corp

The Economic Times 13 August 2012 Gita Piramal, business historian and the author of Business Maharajas, has divested her entire 95% stake in office furniture company BP Ergo for an undisclosed amount to American furniture major HNI Corp. Investment banking officials...

Borjomi Up For Sale

Moscow Times 3 September 2012 A firm controlled by Boris Berezovsky put IDS Borjomi Beverages up for sale, and some Russian investors have already shown interest, Kommersant reported, citing one of the interested buyers. Standard Capital, Ashmore Investment, Russian...