CavinKare in talks with PE firms Everstone Capital, Chrys-Capital
Economic Times 20 February 2013 NEW DELHI: Chennai-based consumer goods firm CavinKare is in talks with private equity firms Everstone Capital and Chrys-Capital to raise up to Rs350 crore by selling a minority stake in the company, two people with direct knowledge of...
ChrysCapital picks up 10% in Au Financiers for Rs 120 crore
Economic Times 26 February 2013 NEW DELHI: Homegrown private equity firm ChrysCapital has picked up 10% stake in Au Financiers, a non-banking financial company for Rs 120 crore. At this price, the company is being valued at Rs 1,200 crore, which is 50% more than its...
Penza’s new technopark to embrace IT and medical hi-tech
The first stage of the new High Technology Technopark is slated for completion in the second quarter of 2013 in Penza, in Russia’s Volga area, a spokesperson for the Penza regional administration told Marchmont News last week. The technopark will reportedly cover an...
AFIG backs Elton & Senbus
Advanced Finance and Investment Group (AFIG) has committed $14 million to two Senegal-based companies, Elton Oil Company, a downstream oil company, and Senbus Industries, an automotive assembler. The companies will initially get $10 million as a hybrid of equity and...