Singapore's GIC is close to raising its stake in Asia Healthcare Holdings ahead of a potential public listing of the healthcare platform in the next year or two, four people aware of the development said. The Singapore sovereign fund will acquire an additional 15% stake in AHH from the platform's majority owner TPG, one of the four people cited above …
US- based private equity firm TPG on Friday divested a 7.6 per cent stake in sports and athleisure footwear company Campus Activewear for ₹806 crore through an open market transaction. TPG Growth III SF Pte sold 2,32,07,692 shares, amounting to a 7.62 per cent stake in the firm, according to the bulk deal data available on the National Stock Exchange. …
Tata Motors announced its plan to convert its electric vehicle business into a subsidiary and raise $1 billion from TPG Rise Climate along with its co-investor ADQ for an 11 to 15 per cent stake, which translates to a valuation of up to $9.1 billion for the new entity. N Chandrasekaran, Chairman of Tata Motors Ltd said, “I am delighted …
