Blackstone

International Gemmological Institute’s Rs 4,000 Crore IPO Backed by Blackstone

The International Gemmological Institute (IGI) India, supported by Blackstone, has taken a significant step towards its Initial Public Offering (IPO) by filing draft papers with the Securities and Exchange Board of India (SEBI) to raise Rs 4,000 crore. This IPO consists of a combination of fresh equity issuance and an offer-for-sale by the promoter. IPO…

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Haldiram's

Blackstone’s Rs 40,000 Crore Bid for 51% Stake in Haldiram’s: A Strategic Move into India’s Snack Market

Introduction to the Potential Acquisition Blackstone Inc., a global private equity firm, is preparing to make a significant investment in Haldiram’s, a leading Indian fast-food and snack company. This strategic move is expected to secure Blackstone a prominent position in India’s lucrative snack market. Despite earlier disagreements on valuation, the firm is now ready to…

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