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Apex Service sells minority stake to Apollo at $10 billion valuation, source saysIn a statement on Thursday, Apex said it will use the funds to continue to expand its national footprint, deepen its multi-trade service o...
Harvard University said to be exploring $1 billion of private equity stakes saleHarvard University is reportedly in discussions to sell private equity fund interests worth approximately $1 billion, advised by Jefferies ...
Xerox to acquire printer maker Lexmark for $1.5 billionXerox agrees to acquire Lexmark International for $1.5 billion, including debt. The deal, set to close in the latter half of 2025, aims to ...
Exclusive: Chiratae Ventures secures $70 million via portfolio sale as VCs eye exitsChiratae Ventures sold stakes to Madison India Capital for $70 million, involving companies like Lenskart, Bizongo, and Rentomojo. Madison ...
Wells Fargo sells $2 billion of private equity investmentsLenders have been looking to improve efficiency and scale back less important bets, to better navigate the uncertainty as the Federal Reser...
Tiger Global rejects hundreds of offers for its stakes in private companiesTiger Global Management turned down hundreds of bids for its private assets in recent months because it felt the offers were too low, accor...
Gates Foundation joins hands with WTA to raise awareness about women's health, Melinda French attends Wimbledon to show supportThey will also make efforts to promote gender equality & female leadership.
IL&FS to sell education arm to Lexington Holdings, pare Rs 600 crore debtAs per the deal, LEHL would service the entire debt of Rs 600 crore owed by Schoolnet and would pay a small equity to parent IL&FS. LEHL al...
IL&FS education arm sale hit as investor refuses to sell stakeA collapse of the transaction would have an impact towards the resolution of Rs 94k cr of debt.
- US should enhance energy cooperation with India: FERC Commission
The FERC had signed a MoU with the Central Electricity Regulatory Commission in 2009 to identify energy-related issues and develop topics a...
Share sale in India’s internet companies like Flipkart, Paytm to new investors provides breather to VC firmsThe investment exits this year are being crafted mostly through secondary share transactions, with new investors acquiring equity in a comp...
Sequoia Capital ropes in veteran tech investment banker Piyush GuptaGupta, who will be based out of the company’s Singapore office, was till recently heading the TMT (technology, media and telecom) vertical ...
Sequoia Capital tops up Fund IV with $125 millionSilicon Valley venture capital firm's India-focused fund, which initially raised $530 million in May 2014, has a corpus of over $850 million
Sequoia nets $180 million in secondary stake salesSecondary portfolio sales in the domestic market have not been commonly done by India-focused funds, but are starting to pick up amid a sca...
Venture capital firms eyeing secondary stake sales“It is my job to look for exits, but that does not mean any deal is imminent,” said Vani Kola, managing director at Kalaari, declining to c...
Yuki Bhambri progresses to 2nd round in Lexington ChallengerYuki and Ramkumar could have clashed in the second round but for brilliance of Briton Brydan Klein, who defeated the latter 6-3 6-3 in the ...
Saketh Myneni ousted from Lexington ChallengerMyneni lost 2-6 1-6 to seventh seed Briton Liam Broady in just 62 minutes in the opening round match of the $50,000 hard court event.
- Citi to sell private equity businesses
Citigroup says it has agreed to transfer the management of its private equity businesses to two private equity firms.
- Citi to sell $1 bn of PE investments: Report
The transaction would be one of the biggest ever for so-called secondary private-equity interests, says a media report. Investment in stock...
- Equity firms PEPE it up
PEPE is slowly becoming fashionable in India. This ain’t about a pair of jeans; it’s a phenomenon in private equity.