Page 3 - Carlyle Group
PNB Housing surges 44% in 2 days on large capital infusion by Carlyle Group
The announced large equity infusion should significantly improve the confidence of fixed income and equity markets and bring PNB Housing Finance back on the growth path, Morgan Stanley said
 "PNB Housing surges 44% in 2 days on large capital infusion by Carlyle Group")
Top Headlines: GDP shrinks by 7.3%, fiscal deficit drops below target
GDP shrinks by 7.3 percent in FY 2020-21, Carlyle Group to acquire a controlling stake of over 50 per cent in PNB Housing Finance. Top news this morning.
 "Top Headlines: GDP shrinks by 7.3%, fiscal deficit drops below target")
Carlyle Group to acquire controlling stake in PNB Housing Finance
Aditya Puri to come on board; Carlyle to appoint chairperson
 "Carlyle Group to acquire controlling stake in PNB Housing Finance")
HDFC & HDFC Bank, PNB & PNB Housing Fin: Strategies for 'twin' stocks
A Price-volume breakout above Rs 475 level, logged on May 31, may result in a rally towards Rs 550 and Rs 580-mark in PNB Housing Finance
 "HDFC & HDFC Bank, PNB & PNB Housing Fin: Strategies for 'twin' stocks")
PNB Housing Fin zooms 20% on board nod to raise Rs 4,000 crore
Carlyle has agreed to invest up to Rs 3,185 crore through a preferential allotment of equity shares and warrants, at a price of Rs 390 per share
 "PNB Housing Fin zooms 20% on board nod to raise Rs 4,000 crore")
PNB HFC raising up to Rs 4,000 cr in equity; Carlyle group among investors
Aditya Puri, former CEO of HDFC Bank will also infuse capital transactions.
 "PNB HFC raising up to Rs 4,000 cr in equity; Carlyle group among investors")
Carlyle sells 4.2% in SBI Life at Rs 960 per share in pre-market deal
CA Emerald Investments, an affiliate of Carlyle Asia Partners, sold a total of 4.23 million shares for Rs 4,061 crore
 "Carlyle sells 4.2% in SBI Life at Rs 960 per share in pre-market deal")
USA's Carlyle offloads 4.3% stake in SBI Cards, gets Rs 3,944 crore
The company acquired 26 per cent stake in SBI Cards from the GE group for Rs 2,000 crore in 2017.
 "USA's Carlyle offloads 4.3% stake in SBI Cards, gets Rs 3,944 crore")
Indegene's valuation reaches $700 mn; raises $200 mn from Carlyle, Brighton
Given the wider adoption of digital initiatives within the healthcare industry, Indegene plans to use the funds to accelerate its M&A (merger and acquisition) and global expansion plans
 "Indegene's valuation reaches $700 mn; raises $200 mn from Carlyle, Brighton")
Nxtra Data shares issued to Carlyle affiliated entity post CCI nod: Airtel
On July 1, Airtel had announced that Carlyle Group will acquire about 25 per cent stake in its data centre business, Nxtra Data, for USD 235 million
 "Nxtra Data shares issued to Carlyle affiliated entity post CCI nod: Airtel")
Piramal Pharma readies war chest for potential acquisition targets
A decade after Piramal sold its domestic formulations business to Abbott Laboratories for $3.72 billion, the group is now looking at re-entering the space in India
 "Piramal Pharma readies war chest for potential acquisition targets")
Top headlines: Carlyle, SoftBank on waiting list for Reliance Retail stake
Business Standard brings you the top headlines of the day
 "Top headlines: Carlyle, SoftBank on waiting list for Reliance Retail stake")
Carlyle may take $2 billion stake in retail arm of Reliance: Report
Carlyle Group is looking to invest up to $2 billion in Reliance Industries' retail business
 "Carlyle may take $2 billion stake in retail arm of Reliance: Report")
CCI approves Carlyle Group's stake acquisition in Airtel's data centre biz
The Competition Commission of India (CCI) on Wednesday said it has approved acquisition of compulsorily convertible preference shares and equity shares in Airtel's data centre business, Nxtra Data, by Carlyle Group's Comfort Investments II. The Carlyle Group in July said it will acquire about 25 per cent stake in Nxtra Data Ltd for USD 235 million (about Rs 1,780 crore). This will peg the enterprise valuation of Nxtra Data at USD 1.2 billion, which is over Rs 9,084 crore. On completion of the deal, Carlyle will hold about 25 per cent stake in the business, with Airtel continuing to hold the remaining stake of about 75 per cent. In a tweet, the regulator said it "approves proposed acquisition of compulsorily convertible preference shares & equity shares in Nxtra Data Limited @NxtraDataLtd by Comfort Investments II of Carlyle Group." Nxtra Data is a fully-owned subsidiary of Bharti Airtel Ltd and provides data centre colocation services through its 10 data centres located in India,
 "CCI approves Carlyle Group's stake acquisition in Airtel's data centre biz")
PNB, Carlyle to remain invested in PNB Housing, says CEO Neeraj Vyas
The company is cautious on lending to construction, gems and jewellery, hospitality and aviation sectors, says executive
 "PNB, Carlyle to remain invested in PNB Housing, says CEO Neeraj Vyas")
Carlyle Group to acquire 25% stake in Airtel's data centre biz for $235 mn
The post-money enterprise valuation of Nxtra Data Ltd is approximately $1.2 billion
Top headlines: June PMI data, GST collections, World Bank grant and more
Here are the top headlines of the day
 "Top headlines: June PMI data, GST collections, World Bank grant and more")
Carlyle Group to acquire 25% stake in Airtel's Data Centre business
The transaction is subject to the necessary regulatory approvals, including approval from the Competition Commission of India
 "Carlyle Group to acquire 25% stake in Airtel's Data Centre business")
Piramal sells 20% in pharmaceutical business to Carlyle for $490 mn
Carlyle will pick up a 20 per cent stake for $490 million or around Rs 3,700 crore in the pharma subsidiary called Piramal Pharma Ltd
 "Piramal sells 20% in pharmaceutical business to Carlyle for $490 mn")
Carlyle Group to buy 20% stake in Piramal Pharma for over Rs 3,700 cr
US-based Carlyle Group Inc will pick up a 20% stake in Piramal Pharma for around $490 million (over Rs 3,700 crore), Piramal Enterprises said on Saturday
 "Carlyle Group to buy 20% stake in Piramal Pharma for over Rs 3,700 cr")
