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Private Equity | 6 December 2012    1 Comment

Eredene Capital To Exit Matheran Realty, Gopi Resorts

by Charmi Gutka
 
@charmi
Eredene Capital has signed an indicative term sheet to sell its stakes in @Gopi_Resorts Pvt Ltd and @Matheran Pvt Ltd. It is selling its stake for a single up-front payment of £7.2 Mn (R62.5 Cr) in both the firms, BL stated.

Eredene had earlier announced that it would not make investments in new projects in India and that it would seek to realise its present investments.

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Government owned Russian energy explorer, OAO Gazprom is said to be interested in and is supposedly talking to IOC for buying a stake in the proposed LNG terminal at Ennore, Chennai, according to Mint.

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Aditya Birla PE To Invest In CIBIL

Aditya Birla Private Equity is planning to acquire 10% stake in credit information services provider Credit Information Bureau (India) Limited (Cibil) for a consideration of INR 1200 Mn.

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