warburg pincus

Reliance Industries, led by Mukesh Ambani, has emerged as a strong contender to acquire a significant stake in Haier's Indian operations, intensifying competition with a consortium led by Sunil Mittal. Haier aims to reduce its equity, seeking a valuation of $2-2.3 billion, as Chinese firms are more open to partnerships with Indian entities.

Delhivery is acquiring Ecom Express for ₹1,407 crore in an all-cash deal, marking a significant consolidation in the logistics sector. This move follows challenges faced by Ecom Express, which had to stall its public listing plans and lay off hundreds of employees.

In a significant acquisition, Delhivery is set to purchase Ecom Express for Rs 1,407 crore, consolidating its position in the logistics sector. Ecom Express has faced financial challenges and halted its IPO plans. The acquisition is pending approval from the Competition Commission of India and will see Ecom Express operate as a Delhivery subsidiary.

New Delhi, Dec 12 () Bharti Airtel today said an affiliate of private equity firm warburg pincus will acquire up to a 20 per cent stake in its DTH arm Bharti Telemedia for about USD 350 million (around Rs 2,310 crore).

Telecom firm Bharti Airtel on Wednesday said it will acquire 20 per cent stake in its DTH arm Bharti Telemedia from an affiliate of warburg pincus for about Rs 3,126 crore.

Home First Finance, True North-backed affordable housing finance firm, on Friday said it has entered into an agreement with warburg pincus-affiliate Orange Clove Investments BV for an investment of about Rs 700 crore. The investment is a combination of primary fund raise and secondary sales by existing shareholders, it said.

Mumbai, May 20 () City-based real estate player Runwal Group and global private equity firm warburg pincus have formed a USD 1 billion joint venture (JV) for a retail mall platform.

Bharti Airtel on Wednesday said it will acquire 20% stake in its DTH arm Bharti Telemedia from an affiliate of warburg pincus for about Rs 3,126 crore. The warburg pincus affiliate, Lion Meadow Investment, had acquired the equity for Rs 2,310 crore in 2018.

Telecom firms AT&T and BPL and investment firm warburg pincus appear to have lost heavily, while Hutchison struck gold last year by selling 67 per cent stake in its India business to Vodafone for $11.2 billion.

Private equity firm WarburgPincus is in talks with peers such as Carlyle, KKR and Barings India to sell its 29% stake.

Nayar is believed to be currently serving out his notice period. It is also yet unclear if the upcoming fund has begun receiving capital commitments from investors.

American private equity company KohlbergKravis Roberts will purchase a 90% stake in specialisedtyre maker Alliance Tire Group from rival PE fund WarburgPincus and owner Yogesh Kumar Mahansaria for an enterprise value of about $650 million, including a debt of $125 million, according to two people familiar with the transaction.

NEW DELHI: British Airways has decided to offload its majority stake in the Mumbai-based data management company World Network Services to global private equity investor warburg pincus.

NEW DELHI: Max Healthcare Institute, on Thursday said it would make a preferential allotment of shares to Madison Holding Limited and Melany Holdings Limited.

MUMBAI: warburg pincus, one of the largest private equity investors in India, is unlikely to take up its option of buying an additional 4.8 per cent in Gujarat Ambuja Cements due to sharp fall in the share price of the cement major.