15 June 2008

PE updates from VCCircle.com, Indiape.com

http://www.vccircle.com

Newbridge May Buy 49% In Shriram City Union For $150 Million
Idea To Pay Rs 2,200 Crore For Modi Stake; TM May Get 20% In Idea
SBI To Go Ahead With Rs 500 Crore SME-Focused PE Fund; It Will Hold 20%
Onida Owners Mirchandanis Settle Dispute; Gulu Buys Out Brother’s Stake
Mukesh Tells Anil To Offer RCOM First To Him, Not MTN

Aegis Media Acquires Majority Stake In Communicate2; More Deals In The Offing
India Hospitality Corp Hires Ravi Deol; To Raise $200 Million Fund
Acumen Fund Invests Rs 4.5 Crore In Kochi Ayurvedic Chain
Pfizer May Challenge Daiichi Sankyo’s Offer To Ranbaxy: Report
Genesis Colors Gets Rs 110 Crore Backing Of Sequoia, Mayfield, SVB

Mapping Company SatNav Gets $7 Million From Sequoia Capital India
Anil Ambani Hires Keshav Sanghi To Build Indian Version Of Goldman Sachs
Non-Promoter Shareholders At Ranbaxy Not To Gain Much From The Deal
3i Infrastructure Raises $223 Million; Upbeat About Alternative Energy
Vikram Pandit’s Old Lane Hedge Fund Is On The Verge Of Closure

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IndiaPe.com


Spice may buy 39% stake in Sony TV
PE deals touch $6.39 bn in so far this year
Subhkam Ventures ups its stake in Shakti Pumps
Saraswat Bank seeks RBI approval for takeover

Telekom Malaysia buys 15% in Idea for $2b
SBI to create Rs 500 crore PE fund for SMEs
NYT to buy 5% stake in in Sieger Solutions
D E Shaw plans $200-mn education blitzkrieg

VenturEast invested in Itero Pharma
Merrill, Lehman among four firms in race for VMIL stake
BCCL buys stake in travel co
RIL eyes acquisitions in polyester biz

Sequoia Capital invests Rs 30 cr in SatNav Tech
IFGL acquires German major
Aegis to invest $100 mn, takes stake in search marketing firm


Source: www.indiape.com and www.vccircle.com . We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information

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