30 June 2008

VC, PE Updates

VCCircle.com

Exclusive: TravelGuru Sells Majority Stake To Expedia
“Private Market Valuations May Correct Over 3-6 Months”: KP Balaraj
Hinduja Foundries Gets $20M From Farallon’s PE Fund Amansha
Nitesh Shetty’s Serve & Volley To Secure Large Funding For OOH Biz

Subhiksha Acquires “Obscure” Listed Firm To Get Itself Listed
Iceland’s Kaupthing To List $80-M India Infrastructure Fund On AIM
Citi BPO & Infra Outsourcing Arm On Block, IBM Lead Contender: Report
Lufthansa-GMR JV For MRO Biz Grounded; GMR In Search Of Partners
Deutsche Bank Shifts Amrit Singh From London As India M&A Head

Temptation Foods In Hostile Bid To Acquire Basmati King Kohinoor
Sun Pharma Preparing For A Hostile Bid For Israel’s Taro
Religare Wants To Raise $250 Million; Another Acquisition In The Offing?
Axis Bank Invests Rs 250 Crore For A Minor Stake In India’s First Private Hill Station
UK’s Ashmore Launches $3 Billion Emerging Markets Fund
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IndiaPE.com

IVCF launches three new funds
AT&T may buy Maxis' 74 pct in India's Aircel
Canaan to invest more in India
Lehman, Sachs, ICICI to pick 20% in OOH ad co
PE investments take a beating

PE firms review plans after Ranbaxy deal
PE Investment in realty seen at over $13 b
Digicable acquires 51% in CableComm
Subhiksha to acquire Chennai based company
Unitech to raise $1 bln from PE funds

Citi looking to sell Indian BPO and tech units
Unitech to offload 26% in telecom arm
PE firms seen taking fund-of-funds route
PE firms line up $2 bn for maritime logistics
Star, Balaji to part ways soon


Source: Above sites.

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