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PGP Glass acquisition: Brookfield, Platinum slug it out to acquire PGP Glass; PE firms seek controlling stake now at $1.4-1.6 bn value

Brookfield s private equity division is in discussions with Blackstone, the world s largest alternative asset manager, to buy into PGP Glass, formerly Piramal Glass. The Canadian asset management giant is competing with US firm Platinum Equity Partners, a relatively unknown entity in India so far. The deal contours have changed as negotiations progress, with the PE suitors now seeking a stake of 65-75% with Blackstone owning the rest. ....

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Brookfield, Platinum Slug It Out to Acquire PGP Glass

Brookfields private equity division is in active discussions with Blackstone, the worlds largest alternative asset manager, to buy into PGP Glass — formerly Piramal Glass. ....

United Arab Emirates , Nova Scotia , Sri Lanka , United Kingdom , Ajay Piramal , Estee Lauder , Baralan International , Partners Group , Platinum Equity Partners , Bain Capital , Alpha Wave , Apollo Global , Baralan Glass ,