PE firm Advent eyeing $1bn investment in India’s Yes Bank

PE firm Advent eyeing $1bn investment in India’s Yes Bank

Private equity group Advent International is evaluating a $1bn investment in India’s Yes Bank (YESB.NS) to further capitalise it, the Economic Times daily reported on Friday, sending shares of the private-sector lender by up to 3%. Advent is conducting due...
Sydney Airport shareholders approve $17bn takeover

Sydney Airport shareholders approve $17bn takeover

Sydney Airport shareholders approved on Thursday a $16.85bn cash takeover by infrastructure investors, though many small retail investors voted against delisting Australia’s only listed airport. The purchase is a long-term bet on the travel sector, which has been...