Investors
TPG Capital Sells Shares to Piramal Group
TPG Capital sells off shares in Shiram Transport to Piramal Group. TPG Capital, the renowned private equity group from the US, has raised nearly US$300 million through the sale of 10% of its shareholdings in Shiram Transport Finance Co Ltd.
Piramal to Sell Off Vodafone Interest
Piramal has the option to sell off its shareholdings in Vodafone India either through an IPO or a first offer to the telecommunications company.
Investors Back Away from Sunday People
Discussions with investors for Sunday People have bogged down without any final agreement. Talks with investors to purchase Sunday People from Trinity Mirror ended, thus shelving plans to make the British tabloid into a new look newspaper.
Marfin Investment Group Issues Bond
Greece's Marfin Investment Group is set to raise funds through a convertible bond issue in two tranches.