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Private Equity | 8 February 2012

Verlinvest SA Acquires 20% Stake In Everstone Owned Cuisine Asia

by Irfan Khan
 
@irfan
@Verlinvest_SA, a fund created by the three founding families of beer conglomerate Anheuser-Busch InBev has acquired 20% stake in Cuisine Asia, a Mauritius-based holding company of @Everstone's restaurant investments, which includes @Blue_Foods with brands like Noodle Bar, Bombay Blue and Copper Chimney.

Everstone invested $20Mn in @JS_Hospitality for a 45% stake in December last year. This investment wase made through Cuisine Asia. JS Hospitality owns Park Balluchi and Pind Balluchi brands in NCR.

Temasek Holdings Part Exits ICICI Bank

Temasek Holdings has part exited ICICI bank by selling more than half of it's 3.46% stake in ICICI Bank Ltd. Goldman Sachs was the sole book running lead manager to the deal.

Read More...

GE Energy Invests In Atria's Wind Power Projects

GE Energy Financial Services has invested an undisclosed amount picking up equity stake in three wind power projects being developed by Atria Power Corporation Limited.

Read More...
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