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Hobbs & Towne Recruits CFO for May Mobility  | Hunt Scanlon Media

Hobbs & Towne Recruits CFO for May Mobility  | Hunt Scanlon Media
huntscanlon.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huntscanlon.com Daily Mail and Mail on Sunday newspapers.

PWC: ESG-brister får riskkapitalbolag att hoppa av investeringar

PWC: ESG-brister får riskkapitalbolag att hoppa av investeringar
di.se - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from di.se Daily Mail and Mail on Sunday newspapers.

Blackstone joins Baring in wait to exit profitable India IT investment

Blackstone joins Baring in wait to exit profitable India IT investment Premium Blackstone Group LP had struck a neat deal when it bought a majority stake in Mphasis Ltd in 2016 (Bloomberg) Five years after Blackstone bought a stake in Mphasis, it is sitting on profits of 300% on investment Baring has been struggling to find a buyer for its stake in Hexaware, even after 7 years of acquisition Share Via Read Full Story Blackstone Group LP had struck a neat deal when it bought a majority stake in Mphasis Ltd in 2016. The deal was at a 30-35% valuation discount to similar-sized companies such as Mindtree Ltd and Hexaware Ltd. Now, almost five years after it announced the deal, it is sitting on profits of nearly 300% on the investment. But as of now, it is just on paper.

Windy Lakeside Investment picks stake worth Rs 800 cr in Adani Ports

The Board of Directors of Gautam Adani-led Adani Ports and SEZ Limited has approved the issuance, offer and allotment of up to 10,000,000 equity shares of face value of Rs 2 each to global private equity form Windy Lakeside Investment Ltd, not belonging to the promoter or promoter group of the company, The shares will be issued on a preferential basis in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and other applicable laws, at a price of Rs 800 per equity share (at a premium of Rs 798 per equity share) aggregating to Rs 800 crore.

PE firm Advent pares holding in CG Consumer, sold 6% stake in two tranches

US private equity Advent International has pared its holding further in Crompton Greaves Consumer Electricals. According to bulk deal data, Advent-owned Amalfiaco sold 6.06 per cent stake in CG Consumer in two equal tranches at Rs 392 per share and Rs 393 per share. This resulted in raising of Rs 1,492 crore from the transaction. Alongside, Societe Generale has picked up 0.62 per cent stake for Rs 153 crore. Meanwhile, identity of other buyers could not be ascertained. Investment banker said mutual funds and foreign portfolio investors were also among the buyers. Today, shares of CG Consumer ended at Rs 407 per share on BSE, down 0.45 percent from previous close.

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