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Rupee slump deepens India private equity quagmire

Global private equity funds, which poured tens of billions of dollars into India investments when the economy and currency were flying high a few years ago, may be stuck with those holdings much longer than planned as the rupee's plunge plays havoc with their exit options.


EU mergers and takeovers (June 25)

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-- Hon Hai to acquire a 46.

Abu Dhabi SWF sees value in emerging equities

Abu Dhabi Investment Authority (ADIA) expects emerging market stocks to outperform in the long-term and said it took a "selective" approach in deploying money at its fixed income unit in 2011.

Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.


Latest News

European private equity fund Permira is moving its first global technology, media and telecoms (TMT) partner to Asia as it eyes higher investments in the region.
Private equity firm Cinven agreed two new deals to extend its reach into the fast-growing Turkish market and tap the resilient energy services sector.
News and developments in Asia private equity from Reuters News for the week ending June 22. News and developments in Asia private equity from Reuters News for the week ending June 22.
Daman Investments sold a 22.7 percent stake through a private placement which values the firm at 440 million dirhams.
Alberto Perez started out as a street performer and then an aerobics teacher in Colombia, making extra cash on the side teaching the wives of businessmen how to dance in nightclubs in his hometown, Cali.
Indan government quietly began preparing the ground for a new push to open up India's $450 billion retail sector to foreign firms.
Tesla Motors Inc Chief Executive Elon Musk on Friday made a stunning forecast: battery-powered cars will likely match the internal combustion engine in popularity by the middle of the next decade.
A series of high-level departures from BlackRock this month has raised questions about the direction of the world's largest money manager.
Italy's third-biggest lender, Banca Monte dei Paschi di Siena, has reached a deal to sell its 60 percent stake in a small unit for around 200 million euros.
Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters.