Carlyle Group

Carlyle group sells 4.3% stake in Indegene for Rs 636 crore via bulk deal

Global investment firm Carlyle Group through its arm divested a 4.3 per cent stake in healthcare tech firm Indegene for Rs 636 crore through an open market transaction. According to the bulk deal data available on the National Stock Exchange (NSE), CA Dawn Investments, an affiliate of US-based Carlyle, sold 1,02,63,785 shares amounting to a 4.3 per cent stake in Indegene. The shares were offloaded at an average price of Rs 619.82 apiece, taking the transaction value to Rs 636.17 crore. After the latest transaction, Carlyle's holding in Indegene has come down to 10.22 per cent from 14.52 per cent. Details of the buyers of Indegene's shares could not be ascertained on the NSE. Shares of Indegene plunged 6.06 per cent to close at Rs 627 apiece on the NSE. In two separate deals on the NSE and BSE, financial services company Capital Group on Tuesday trimmed its holding by selling a 2.24 per cent stake in Medi Assist Healthcare Services for nearly Rs 93 crore through open market ...

Carlyle, CVC, KKR show interest in potential takeover of Samsonite

The investment funds may consider teaming up and forming a consortium if Samsonite decides to move forward with a plan to go private, in that case, more bidders could emerge

Blackstone likely to acquire Carlyle stake in Bharti data centre arm

Bharti data centre valued at Rs 10,000 cr

Carlyle Group sells 1.3% stake in Yes Bank for Rs 1,057 cr via open market

Global investment firm The Carlyle Group on Thursday pared a 1.3 per cent stake in private sector lender Yes Bank for Rs 1,057 crore through an open market transaction. The US-based Group through its affiliate CA Basque Investments offloaded 39 crore shares of private sector lender Yes Bank on BSE. According to the bulk deal data available with BSE, CA Basque Investments sold 39 crore shares amounting to a 1.35 per cent stake in Yes Bank. The shares were disposed of at an average price of Rs 27.10 apiece, taking the deal value to Rs 1,056.90 crore. After the latest transaction, Carlyle Group's shareholding has declined to 5.08 per cent from a 6.43 per cent stake in Yes Bank (as of December 2023). Meanwhile, Morgan Stanley Asia Singapore Pte acquired more than 30.63 crore equity shares, representing a 1.06 per cent stake in Yes Bank. The shares were purchased at the same price, taking the deal size to Rs 830.08 crore. On Thursday, shares of Yes Bank rose 1.08 per cent to close at

Carlyle shares jump 10% after drop in Q4 earnings exceeds estimates

Carlyle said its net profit from asset sales fell nearly 44% to $257.7 million, as market volatility, high interest rates and geopolitical tensions weighed on its ability to cash out investments

McDonald's to acquire investment firm Carlyle's 28% stake in China unit

The deal will help McDonald's raise its holdings to 48%, while a consortium led by state-backed conglomerate CITIC Ltd will maintain its controlling ownership with a 52% stake in the business

PE firms' $1.5 trn worth of assets trapped in China after market slumps

With public markets in a slump and offering unattractive valuations, buyout firms are exploring private sales

Carlyle to acquire minority stake in Quest Global; Bain, Advent to exit

Ajit Prabhu, chairman and chief executive officer of Quest Global, will acquire an additional stake in the company

SpiceJet seeks shareholder approval for 5.91% stake transfer to Carlyle

Airline seeks shareholder approval for change in shareholding structure

Carlyle Group sells 18.4 million shares of Delhivery for Rs 710 crore

Shares of Delhivery closed at Rs 386.65, down 0.5 per cent.

PE firm Carlyle offloads its entire stake in Delhivery for Rs 709 cr

US-based private equity firm Carlyle on Thursday offloaded its entire 2.53 per cent stake in supply chain company Delhivery for Rs 709 crore through open market transactions. BNP Paribas Arbitrage, Norges Bank, Societe Generale, Saudi Central Bank, Washington State Investment Board, Lockheed Martin Corporation Master Retirement Trust, Morgan Stanley Mauritius Company, Goldman Sachs (Singapore) Pte, Tokio Marine Life Insurance Singapore and AIA Singapore, among others, were the buyers of shares. Carlyle through its special-purpose vehicle CA Swift Investments sold the shares of Delhivery in 11 tranches. CA Swift Investments offloaded a total of 1,84,04,607 shares, amounting to 2.53 per cent stake in Delhivery, as per the block deal data available with the BSE. The shares were sold at an average price of Rs 385.5 apiece, taking the transaction value to Rs 709.50 crore. The US-based investment firm was holding a 2.53 per cent stake in the supply chain company, shareholding data for t

Carlyle to sell its entire 2.53% stake in logistics firm Delhivery

Carlyle plans to sell Delhivery's 1.84 crore shares at a floor price of Rs 385.50 apiece

Carlyle Group weighing entry into private credit market in India

Executives from the US private equity investor's Hong Kong office have visited India to understand the country's private lending opportunities in recent months

SpiceJet approves slump sale of cargo biz, raising Rs 2,500 cr via QIB

SpiceJet has also decided to buy AS Air Lease in the settlement with aircraft lessor Castlelake

Carlyle Group acquires majority stake in beauty brand VLCC for $300 million

Founded in 1989, VLCC has a network of 210 retail "clinics" in 118 cities across 11 countries in South Asia, the Middle East and Africa

Private-equity firm Carlyle Group buys majority stake in India's VLCC

VLCC founders Vandana Luthra and Mukesh Luthra will continue to hold a significant stake in the company, Carlyle said

Carlyle, Advent buy 9.99% stake in Yes Bank, to pump in about Rs 8,896 cr

Yes Bank on Tuesday said private equity majors Carlyle Group and Advent have picked up 9.99 per cent stake in the bank. The two private equity (PE) funds together would pump in about Rs 8,896 crore in Yes Bank with full conversion of warrants into equity. The bank has allotted a total of 369.61 crore shares of face value Rs 2 each and 255.97 share warrants convertible into equity shares of face value Rs 2 each on a preferential basis to CA Basque Investments, a Carlyle Group entity, and Verventa Holdings Limited, an Advent group entity, Yes Bank said in a regulatory filing. Pursuant to the allotment of the equity shares, the total issued and paid-up share capital of Yes Bank has increased from Rs 5,011.31 to Rs 5,750.54, it said. CA Basque Investments was allotted 184.80 shares with a face value of Rs 2 at an issue price of Rs 13.78 and 127.98 share warrants carrying a right to exercise, get issued and allotted 1 (One) equity share with a face value of Rs 2 for each warrant at a pr

YES Bank up 19% in 2 days on RBI nod to proceed with Carlyle, Verventa deal

On Friday, the Reserve Bank of India (RBI) issued two letters to YES Bank as the final go-ahead for its proposed capital raise plan from the Carlyle Group and Verventa Holdings

Carlyle, Advent get conditional nod from RBI for 9.99% in Yes Bank

Private equity majors The Carlyle Group and Advent have got the Reserve Bank's nod to own up to 9.99 per cent in Yes Bank, the private sector lender said on Thursday. The two PE funds in July this year expressed an intent to pump-in over Rs 8,000 crore in Yes Bank subject to regulatory permissions. Regulatory nod is required for owning over 5 per cent in a bank. In a stock exchange filing, Yes Bank said through separate letters on November 30, RBI has given conditional approval for both the funds to own 9.99 per cent of the paid-up share capital of the lender by subscribing to equity shares and share warrants. the investors (Carlyle and Advent) are evaluating the conditions. The investors and the bank will engage with the RBI to seek an early resolution of the conditions to procure the final approval on this matter, the statement added. Yes Bank had to be bailed out by fellow lenders in a RBI-led scheme in 2020, after alleged malfeasance by its founders led to a huge chunk of loans

Carlyle Group sells Rs 607 crore shares in logistics firm Delhivery

The six-month post-initial public offering (IPO) lock in on shares of Delhivery ended on November 20