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Private Equity | 26 November 2012

Amar Ujala Plans To Buyback And Resell DE Shaw's Stake

by Paritosh Gajjar
 
@Paritosh

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.

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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.

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