Shares worth over $10 billion offloaded via block deals so far in 2023 thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
I Squared Capital and Hinduja Renewables Energy are the remaining contenders bidding for TPG Capital s 52% stake in Fourth Partner Energy at an equity value of around $350m.
Evercore Inc and Kotak Investment Banking refuted claims made in a report that said that the former company is considering calling off an exclusive tie-up on mergers acquisitions advisory services with billionaire Uday Kotak’s investment banking unit.
The merger is seen to unlock various revenue and cost synergies, and achieve economies of scale by pooling the combined resources and provide an impetus to grow across all parts of India.