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Blackstone, Abu Dhabi Investment Authority, GIC want a bite of Haldiram's snacks: Report

May 14, 2024 2:13 pm

The consortium, led by Blackstone, has submitted a non-binding bid for a 75% stake and the talks are in early stages, the sources said, adding that the final percentage and valuation has not yet been decided.

Blackstone's fourth-quarter earnings rise 4% as asset sales pick up

January 25, 2024 5:55 pm

The company's net profit from asset sales rose 16% to $424.8 million, even as high interest rates, economic uncertainty and market volatility continue to weigh on the ability of private equity firms to cash out their investments.

Blackstone to pick up majority stake in R Systems International for $359 million

November 17, 2022 12:44 pm

R Systems employs over 4,400 people across 18 delivery centers in North America, Europe, Asia Pacific, and India. It reported revenue in the 12-months ending September at Rs 1,445 crore, a 36 per cent year-on-year growth.

Blackstone buys Serco’s BPO unit for Rs 2,558 cr

September 17, 2015 3:49 am

Serco, which bought the business from Blackstone in 2011 for $630 million, said the proceeds from the deal would be used to reduce net debt and was part of its strategy to focus on government service contracts instead of the private sector.

Blackstone India brings in changes at the top order

December 17, 2013 2:59 am

It has invested $1.7 billion of equity in 20 private equity transactions over the last eight years.

Blackstone nears exit from India property deal

October 01, 2013 3:57 am

Blackstone paid Rs 1 billion for the stake in March 2007,its website showed.

Blackstone to acquire majority stake in Igarashi Motors

July 17, 2013 10:47 pm

Blackstone will buy majority stake in domestic auto component maker Igarashi Motors India.

Blackstone,Carl Icahn put in bids for Dell buyout

March 24, 2013 2:31 pm

Blackstone Group submitted an offer ahead of the expiration of a 'go-shop' stage.

DLF Ackruti stakes to come up in Sept 19 meet

September 13, 2011 2:08 am

The proposal of DLF Ackruti Info Parks (Pune) Ltd to sell its stake in IT/ITeS Special Economic Zone(SEZ) in Pune to foreign investors will come up for consideration at the high-level government panel meet at Udyog Bhavan on September 19.

Media industry gets nod for Rs 750 crore foreign funds

October 01, 2010 12:22 pm

Blackstone will put in Rs 225 crore in Jagran Media for around 13 per cent stake while Astro that will put in $40 million (about Rs 184 crore) in NDTV Lifestyle Holding in lieu of a 49 per cent stake.