On August 2, as part of its Asia infrastructure strategy, global investment firm KKR & Co., announced the signing of definitive agreements to acquire a majority stake in pallet pooling platform LEAP India. The transaction is expected to be completed by Q3 2023, Founded in 2013 by Sunu Mathew, Mumbai-based...
Blackstone Raises $9 Billion in 2 Asia Funds
Joining peers such as KKR & Co., and The Carlyle Group, New York-based asset manager Blackstone Group LP raised $9.4 billion in two Asia-focused funds. The company hit the final close on its first Asian private equity fund at $2.3 billion, and its second regional real estate fund at $7.1...
Baxter Close to Acquiring Gland Pharma in India
Deerfield, IL-based Baxter, which specializes in parenteral nutrition and intravenous solutions is one of two companies that have bid for Hyderabad, India-based Gland Pharma, a contract manufacturer of generic injectables. Baxter is being represented by Citigroup. The other company in the running is the Shanghai Fosun Pharmaceutical (Group) Co. Ltd,...