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...
31 Mar, 2021, 08.06 AM IST
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...
08 Mar, 2021, 10.09 PM IST
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...
13 Sep, 2020, 04.41 PM IST
Competition Commission gives green signal to five dealsThe regulator had amended the combination regulations for the fifth time to make it user friendly, amid concerns expressed about some exist...
02 Jun, 2016, 08.26 PM IST
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.
30 May, 2016, 06.37 PM IST
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...
26 Mar, 2016, 01.37 AM IST
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.
08 Feb, 2016, 02.11 AM IST
Sanjay Nayar resigns from Bharti Infratel BoardBharti Airtel's tower business unit Bharti Infratel today said its non-executive director, Sanjay Nayar, has resigned from the company's Bo...
13 Mar, 2015, 09.05 PM IST
How investors are shaping the destiny of companiesAcross India Inc, venture capital (VC) and private equity (PE) funds are increasingly taking centrestage in businesses.
22 May, 2014, 04.00 AM IST
Private equity firms invest nearly $ 6 billion during first half of 2013: Grant ThorntonPE deals in April-June period was three-times the level of PE activity seen in the previous quarter with real estate, manufacturing and IT/...
21 Jul, 2013, 11.39 AM IST
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.
18 Jul, 2013, 04.00 AM IST
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...
23 May, 2013, 05.48 PM IST
- KKR-Alliance Tire deal gets Competition Commission nod
In India, the entity operates through its indirect wholly-owned subsidiary -- ATC Tires Private Ltd (APTL) -- which is also engaged in the ...
10 May, 2013, 10.38 PM IST
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.
12 Mar, 2013, 04.47 AM IST
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...
21 Dec, 2012, 08.19 AM IST
Amul seeking pacts with other milk co-operatives, says chairman Vipul ChaudharyAmul is a common brand for all Gujarat-based cooperative dairies and the same model can be adopted nationally in partnership with other sta...
22 Nov, 2012, 05.05 AM IST
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.
30 Oct, 2012, 06.13 AM IST