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Mergers & Acquisitions | 1 July 2016
UltraTech acquisition of Jaypee Cements hits roadblock

UltraTech acquisition of Jaypee Cements hits roadblock

UltraTech Cement Ltd. which was trying to buy the cements business from Jaiprakash Associates Ltd in a $2.3 billion deal, has met some road blocks as the debt ridden Jaypee Group has been unable to meet certain financial commitments including clearing statutory dues and providing working capital for the plants under review.

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Private Equity | 1 July 2016
Origami Capital Partners Fund III raises $371Mln

Origami Capital Partners Fund III raises $371Mln

Chicago based private equity fund Origami Capital has raised $371 million for its third opportunities fund. The company received investment from consultants, Foundations, endowments, multi-manager funds, public pensions, corporate pensions and foundations.

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