PGP GLASS PVT LTD
Brookfield, GIC, Alpha Wave eye Blackstone company PGP Glass
The buyout funds are competing with PAG and Apollo Global Management who are still believed to in the fray but not that aggressive as the top three. Alpha Wave -- previously Falcon Edge Capital, has so far been a big backer of Indian start-ups like Lenskart, Off Business, Cred, DailyHunt, Cars 24, Dream 11 as well as global marque brands and ventures like Aman Resorts, Didi, Space X, Ant and Alibaba Group.
India Inc's foreign borrowings jump 24 percent to $9.23 billion in March
Of the total borrowings during March 2021, USD 5.35 billion came in through the approval route of the external commercial borrowings (ECB), while the rest of USD 3.88 billion was raked in via the automatic route of raising funds from international markets.
Blackstone notifies CCI of its proposed acquisition of Piramal Glass
ET had previously reported that the global PE firm had submitted a binding offer in October, valuing the Ajay Piramal-owned glass manufacturing and sales business at about Rs 6,200 crore.
