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ALLIANCE TIRE
BJP-led NDA governs 80 per cent of India, Congress wiped out in Gujarat local polls: Amit ShahUnion Home Minister Amit Shah celebrated BJP's victories in West Bengal and Gujarat local body polls. He stated the BJP and its allies now ...- From Bengal to Assam, Hindutva rewrites the east: BJP's landslide ends era of regional strongmenThe Bharatiya Janata Party has achieved a significant victory in West Bengal, marking a shift in eastern India's political landscape. Regio...
- Hit or not, TVK's Vijay shakes up Tamil Nadu poll sceneActor Vijay's new political party, TVK, is shaking up Tamil Nadu's election landscape, challenging the traditional DMK-AIADMK dominance. Wi...
- Tamil Nadu polls: TVK chief Vijay cancels election campaign in Chennai, citing time constraintsTamil Nadu assembly elections: Actor-turned-politician Vijay has cancelled his election campaign in Chennai. The Tamilaga Vettri Kazhagam c...
- Yokohama to invest additional $171 million to double capacity of upcoming Vizag plantThe initial plan for the Visakhapatnam plant, which is underway now with the steel structure being erected, was 137 tonne per day capacity ...
- Warburg highest bidder for majority stake in ParksonsWarburg Pincus is understood to have emerged the highest bidder to acquire a controlling stake in India’s largest independent folding carto...
- 50 pc employees at Vizag plant to be women: Yokohama Off-Highway TiresCurrently, 7 per cent of its total workforce are women, and there are 108 women on the shopfloor, he said adding that over the next two yea...
- Off-highway tyre maker Alliance Tire to invest Rs 1,240 crore in third plant at VisakhapatnamThe proposed $ 165-million plant will add over 20,000 tonnes per annum (55 tonne per day rubber weight) capacity to the 2.3-lakh-tonne annu...
- Yokohama Rubber-Alliance Tire Group deal gets CCI nodKKR is the majority stakeholder in ATG and the rest is held by International Finance Corporation along with other entities.
- Yokohama Rubber Co to buy Alliance Tire Group for $1.2 billionThe acquisition is expected to be concluded on July 1, 2016, Yokohama said in a statement. ET was the first to report a possible deal on Fe...
- Biggest private equity exit? Kohlberg Kravis Roberts & Co may drive out of Alliance TireWith the value of the company said to be pegged at $1.5 billion, a deal at that level will mark the biggest PE exit from an Indian company.
- BJP terms new Janata Parivar party an alliance of 'political warlords'BJP national spokesperson M J Akbar said the electorate were tired of the theatrics of Bihar Chief Minister and JD(U) leader Nitish Kumar.
- With Mufti, Modi hug capital of J&K shifted to Nagpur: Omar AbdullahThe NC leader also claimed that with the sealing of the alliance the capital of the state has shifted to Nagpur, an oblique reference to th...
- Only NDA can bring about change in India: Narendra Modi in his blogModi today said NDA is the only alliance that can bring about change in India where people are "tired" of false promises, corruption and po...
- Blackstone pays Rs 660 crore to get driver’s seat in Agile Electric WorksAfter a gap of six years, Blackstone, one of the world's largest private equity firms, is back with a management buyout.
- Private Equity deal value doubles to $1.2 billion in April: Grant ThorntonThe total PE deals during the month were valued at $1,250 million through 48 transactions, as against $605 million in April 2012, from 37 d...
- KKR-Alliance Tire deal gets Competition Commission nodIn India, the entity operates through its indirect wholly-owned subsidiary -- ATC Tires Private Ltd (APTL) -- which is also engaged in the ...
- PE firm Kohlberg Kravis Roberts leads race to buy stake in Alliance Tire GroupIf completed, this would be KKR's second buyout in India. In 2006, it paid $900 mn to acquire the Indian business of Flextronics.
- Blackstone, KKR, Advent, TPG, Standard Chartered PE and Temasek in race for Warburg’s 70% stake in Alliance Tire6 bulge bracket PE funds have been short-listed to purchase a 70% stake owned by private equity fund Warburg Pincus in the unlisted Allianc...
- Carlyle, Bain Capital & Blackstone approached for Warburg's 70% stake in ATGSome global funds with negligible India presence like JPMorgan’s One Equity Partners are also likely to be sounded out.
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