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The private equity arm of India’s Axis Bank is on the verge of making its fifth investment from an infrastructure fund that held its first close last year on $150 million.
Despite the 'accounting loss', the renewable energy business expects a significant net profit on a full-year basis and has recently made an offer to acquire ex-parent Babcock & Brown’s wind assets.
The third investment from 3i's $1.2bn infrastructure fund will help the Krishnapatnam Port Company further develop and run the Andhra Pradesh-based port, which is expected to handle about 100 million tonnes of bulk cargo when fully completed.
Indian container rail service provider Arshiya Rail Infrastructure is in discussions with unidentified private equity firms to sell an up to 18 percent stake in itself for INR 1 billion ($20.5 million). Private equity groups with active Indian infrastructure funds include 3i and Macquarie Group. A subsidiary of global logistics group Arshiya International, Arshiya Rail will use […]
The wife of Singapore’s prime minister will in October cease leading Temasek, which has come under fire for financial services over-exposure. The sovereign fund and avid private equity player will be led by ex-BHP Billiton chief executive Chip Goodyear, a succession that has been planned for 'more than a year'.
The investment in Albidon’s Munali Nickel Project in Zambia is the firm's first nickel mining deal in Fund I, which is dedicated to mining and related infrastructure projects.
The investment in Albidon’s Munali Nickel Project in Zambia is the firm's first nickel mining deal in Fund I, which is dedicated to mining and related infrastructure projects.
The investment in Albidon’s Munali Nickel Project in Zambia is the firm's first nickel mining deal in Fund I, which is dedicated to mining and related infrastructure projects.
The investment will shore up Straits Resources’ balance sheet and assist in the potential disposal of its coal assets.
Bain, Carlyle, KKR, Warburg Pincus and the Hopu Fund are among those reportedly interested in a 20 percent stake in the Chinese retailer.
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