The head of Indiareit Fund Advisors has decided to step down to explore setting up his own fund. The head of Indiareit Fund Advisors, an Indian real estate fund and unit of drugmaker Piramal Healthcare, has decided to step down to explore setting up his own fund, sources familiar with the development told Reuters on Saturday.
Archives
CVC faces $1.8 bln loss on Australia's Nine as lenders circle
Private equity firm CVC Capital Partners faces a possible A$1.8 billion ($1.84 billion) loss on its investment in Australia's Nine television network.
IRS warned, but did not act on tax strategy for private equity
U.S. tax authorities took no formal action after launching a probe five years ago of tax strategies used by private equity managers.
EU to clear Universal's $1.9 billion bid for EMI: sources
Universal Music Group will win EU approval for its $1.9 billion purchase of EMI. Universal Music Group will win EU approval for its $1. 9 billion purchase of EMI with its offer to sell global rights to some of EMI's most valuable record labels and catalogues, two people familiar with the deal said on Monday.
Australia's Nine sells unit for $500 mln but loss looms for owner CVC
Australia's heavily indebted Nine television network sold its ACP Magazines division for around A$500 million.
Latest News
News and developments in Asia private equity from Reuters News for the week ending August 31. News and developments in Asia private equity from Reuters News for the week ending August 31.
American Airlines parent AMR Corp (AAMRQ.PK) and US Airways Group Inc (LCC.N) said on Friday the carriers have to evaluate a potential merger.
Mergers under review by the European Commission and a brief guide to the EU merger process. The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALS-- French builder Vinci to buy EVT, an engineering unit of Swiss group Alpiq (approved Aug.
Deal-starved bankers in Hong Kong are jostling for a role in what may be Asia-Pacific's biggest stock market event of the year.
China's outbound direct investment rose 8.5 percent to $74.7 billion in 2011. China's outbound direct investment rose 8. 5 percent to $74. 7 billion in 2011, slowing from the year before, government data showed on Thursday, but extending a decade-long expansion streak as domestic firms are officially encouraged to venture abroad.
The $83 billion State of Wisconsin Investment Board last month sold $1 billion worth of funds. The $83 billion State of Wisconsin Investment Board last month sold $1 billion worth of funds, at least three of them managed by publicly listed private equity firms, in part because those firms could no longer demonstrate that the pension fund's interests came first.
China's Shandong Heavy Industries may announce a deal to buy a 25 percent stake in Germany's Kion Group for between 700 million euros ($876.9 million) and 750 million as soon as Monday.
Russian state railway monopoly Russian Railways has considered bidding for French carmaker Peugeot's logistics division GEFCO, according to materials produced for a Russian Railways' board meeting seen by Reuters on Thursday.
Private equity firm Guggenheim Partners is close to buying "Golden Globe" producer Dick Clark Productions after "American Idol" host Ryan Seacrest and his backers withdrew from talks.
