The Blackstone Group LP has invested 2.43 billion rupees ($43.69 million) to buy a significant minority stake in unlisted Indian fragrance maker SH Kelkar & Company.
Deals
Deals of the day -- mergers and acquisitions
Bids, mergers, acquisitions and disposals. The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:** British soft drinks group Britvic said it was in talks with Irn-Bru maker AG Barr about a 1.
Mid Europa says will sell Poland's Lux Med this year
Private equity fund Mid Europa Partners (MEP) plans to sell healthcare group Lux Med by the end of the year to cash in.
Morgan Stanley-led group invests $150 million more in China hydropower firm
A consortium led by a Morgan Stanley (MS.N) infrastructure fund has made a second $150 million investment in unlisted Chinese hydropower company Zhaoheng Hydropower Holdings Ltd.
Deals of the day -- mergers and acquisitions
Bids, mergers, acquisitions and disposals. The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday:** The Hartford Financial Services Group Inc on Tuesday said it would sell its retirement plans business to life insurer MassMutual for $400 million cash, part of The Hartford's plan to shed assets and focus on its property insurance business.
Latest News
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.
Private equity firm Waterland has attracted a number of potential buyers for Dutch trust and corporate management business Intertrust Group.
China Investment Corp (CIC) has sold most of its stake in BlackRock Inc. China Investment Corp (CIC) has sold most of its stake in BlackRock Inc (BLK.
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.
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.
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.
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.
Bids, mergers, acquisitions and disposals. The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Thursday:** Canada's No.
