According to HDFC Asset Management Co CEO Prashant Jain, the nation had already seen the worst of capital outflows.
Investors
HelloFresh closes Series C round with USD 7.5 million
HelloFresh was able to raise USD 7.5 million in Series C financing. Berlin-based ecommerce food site HelloFresh secured USD 7. 5 million for its Series C round.
Trilantic Partners to buy Addison Group from Lake Capital Partners
Trilantic Capital Partners would be purchasing Addison Group from Lake Capital Partners. Trilantic Capital Partners would be acquiring Addison Group from Lake Capital Partners for an undisclosed amount.
CNH Industrial opens its trading on NYSE
CNH Industrial started trading on the New York Stock Exchange on Monday at USD12.75 per share piece, said a Reuters report.
Point B sells Loft9 stake
Investment company PointB sold its shares of Loft9. Seattle-based management consulting and private equity company Point B said it had exited from Loft9.
Latest News
Deutsche Wohnen investors approved a share plan for the purchase of GSW stock. The shareholders of Deutsche Wohnen gave its stamp of approval to the share plan for the purchase of GSW Immobilien.
Sovereign wealth funds put their bets on alternative assets to enhance returns. A survey by investment management services firm Invesco Ltd revealed that sovereign wealth funds were putting money in alternative assets to improve their returns.
Nigerian President Goodluck Jonathan handed control of 14 power companies formerly owned by the state to private investors.
On Monday, Renesas Electronics Corp received bailout funding from a government-led fund and its major customers.
Private equity firm KKR agreed to buy a 10% stake in Chinese home appliance maker Qingdao Haier. Global investment company Kohlberg Kravis Roberts (KKR) signed a definitive agreement to purchase a 10% stake in home appliance maker Qingdao Haier.
GSK had agreed to put its thromobosis drugs on sale to Aspen Pharmacare with proceeds to be used for general corporate purposes.
Private equity firms invested an undisclosed amount on the initial tranche of PaletteApp's Series A round.
Deutsche Post raised a EUR 2 billion through a revolving credit facility. Deutsche Post obtained a EUR 2 billion or USD 2. 7 billion loan as interest rates fell in Germany.
Today, ACTIVE Network announced entering a definitive acquisition agreement with Vista Equity Partners in a deal priced USD1.05 billion.
