Blackstone investment tally here now at $900 mn this year
Currently, the company has an order book of Rs 250 crore executable over two years. While MTAR’s revenues are undisclosed, the management is aiming to raise it four to five times by 2010.
By TNN |
Currently, the company has an order book of Rs 250 crore executable over two years. While MTAR’s revenues are undisclosed, the management is aiming to raise it four to five times by 2010.
Many private sector companies are looking to enter the nuclear power generation and defence product sectors. The Blackstone-MTAR deal could open a new funding avenue for such companies.
After a quiet start in 2006, Blackstone’s investment tally in India stands close to about $900 million this year.
The world’s largest PE firm has announced three deals recently — the management buyout of BPO company Intelenet Global Services, the takeover of garment producer Gokaldas Exports and a minority equity stake in construction company Nagarjuna Constructions. Earlier this year, it had announced a deal to acquire a stake in south-based media group Eenadu.
Many private sector companies are looking to enter the nuclear power generation and defence product sectors. The Blackstone-MTAR deal could open a new funding avenue for such companies.
After a quiet start in 2006, Blackstone’s investment tally in India stands close to about $900 million this year.
The world’s largest PE firm has announced three deals recently — the management buyout of BPO company Intelenet Global Services, the takeover of garment producer Gokaldas Exports and a minority equity stake in construction company Nagarjuna Constructions. Earlier this year, it had announced a deal to acquire a stake in south-based media group Eenadu.
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