Promoters of Amar Ujala group are on course to buy the stake of PE firm DE Shaw.This would be part of the Supreme Court’s direction to the company to buyout the PE firm’s stake as it was seeking an exit from past two years given a scuffle between the two.
The company plans to sell this stake to a new investor later.
Manipal Global Education Services is planning to offload a significant minority stake to raise $200 Mn.
TPG Capital, through TPG Asia VI SF Private Limited, is acquiring 24.75% stake in Manipal Health Enterprises Private Limited. The deal has received a nod from the CCI.