Carlyle buys majority stake in India’s VLCC for $300 mln
BENGALURU, Jan 10 (Reuters) – Private-equity firm Carlyle Group (CG.O) has acquired a majority stake in Indian beauty care and wellness solutions provider VLCC for around $300 million, two sources told Reuters on Tuesday. The equity for the transaction will come from funds managed and…
Florintree buys majority stake in Bangaluru firm Avasarala Tech
Florintree Advisors, an alternate asset management firm owned by former Blackstone India head Mathew Cyriac, has acquired 72% stake in Avasarala Technologies (ATL) in a mix of primary and secondary investment. Florintree has acquired 45% stake in the Bengaluru-based company with interest in nuclear power…
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