A handful of Indian promoters have made a killing amidst the market mayhem. They were lucky enough to sell their companies at massive premiums this year, narrowly escaping the steep Sensex fall of the last two months. The Singh brothers sold Ranbaxy in June at a 71% premium over the existing share price, Parikhs sold […]
Tag: Private Equity Firm
ICICI Venture will sell its 50 % stake in TSI Ventures
July 18, 2008 – 7:49 am
Private equity firm ICICI Venture, a division of ICICI Bank on 4th July said it has arrived at an agreement with Tishman Speyer to sell its stake in their real estate joint venture to the US firm. ICICI Venture will sell its 50 % stake in TSI Ventures India Pvt Ltd, a real estate JV […]
ICICI Venture buys 15% in Arrow Webtex
March 1, 2008 – 4:30 am
Private equity firm ICICI Venture has picked up a 14.9% stake in Mumbai-based textile and real estate development firm Arrow Webtex through a preferential allotment. The deal is estimated to be in the region of around Rs 130-140 crore. The transaction gives the private equity fund a stake marginally below the level which mandates an […]
