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The other winners of the Reddit-fueled rallies: convertible debtWhile buyout firm Silver Lake capitalized on a surge in AMC Entertainment, one of the stocks at the epicenter of the retail frenzy linked t...
PE Funds, SWFs queue up for a slice of SBI LifeWhen contacted, Blackstone, KKR, Bain and CPPIB declined to comment, while GIC and SBI did not respond to ET’s detailed questionnaire sent ...
- Stock buying hits bull market record in US
Institutions like MFs and pension funds spend more on stocks than at any time since the start of the bull market.
- Man Group to buy US GLG Partners for $1.6 billion
British hedge fund giant Man Group said on Monday it has agreed to buy American peer GLG Partners for $1.6 billion, with the new entity to ...
- Hedge funds fall for Asia lure
Bank of America Merrill Lynch is helping more than a dozen multi-billion dollar international hedge funds set up or re-establish a presence...
- Hedge funds better off staying private
Investors should invest in hedge funds. Many of them will do very well. But they probably should steer clear of the cos that run them.
- Ranbaxy Fine likely to scrap US buyout plan
Ranbaxy Fine Chemical’s (RFCL) plans to acquire the US-based speciality chemicals maker Mallinckrodt Baker is facing delays because of valu...
- Lehman hedge-fund clients left cold as assets frozen
Lehman Brothers Holdings Inc's bankruptcy probably means the end of hedge-fund manager Oak Group after 22 years in business.
- RFCL set to buy Italian co Carlo Erba
According to sources, the buyout agreement includes transfer of all key assets, brands and officials of Carlo Erba SPA to RFCL.
- UK firm Promethean raises largest India-focused fund
The fund will scout for a single buyout which is expected to be upto $1 bn. SPACs raise funds through public offerings. Need funds? Dial re...
- Merill Lynch, Citi pick 10% in MCX
Merrill Lynch and Citigroup have picked up 5% stake each in Multi Commodity Exchange (MCX), the country’s largest commodity exchange. The t...
- Merrill Lynch, Citi pick up 5% each in MCX
Global financial institutions Merrill Lynch and Citigroup have picked up 5% stake each in the country’s largest commodity exchange MCX.
- India Inc strikes two deals a day on an average
India Inc continued with its M&A frenzy in August striking an average of two deals per day, a marginal increase over the previous month's d...
- NSR set to invest $40 m in Rolex Rings
The US-based private equity player New Silk Route (NSR) is close to investing around $40 million to acquire 26% in Rajkot-based Rolex Rings...
- PE fund NSR picks up 73% stake in Aster
New Silk Route (NSR) - the private equity fund promoted by former DSP Merill Lynch MD Amit Chandra and former McKinsey global chief Rajat G...
- Idea gets Govt nod to raise foreign holding to 74%
Idea Cellular is understood to have got government clearance for foreign investment of up to 74 per cent equity.
- Sequoia picks up 1.5% in Idea for $48m
Sequoia Capital is learnt to have picked up about 1.5% stake in Idea Cellular for around $48 million.
- Idea Cellular plans to raise Rs 2500 cr
The company is likely to off load about 10 per cent equity through the IPO.