Carlyle, Advent close in on $1bn Yes Bank stake

Carlyle, Advent close in on $1bn Yes Bank stake

Yes Bank’s plan to bring Carlyle and Advent on board as equity investors for about $1bn has gathered pace, following the proposed sale of the lender’s stressed assets to JC Flowers Asset Reconstruction Company and the constitution of a new board, said people in the...
Lithium startup EnergyX gets $450m investment tied to IPO plans

Lithium startup EnergyX gets $450m investment tied to IPO plans

Private equity firm Global Emerging Markets Group said it plans to invest $450m in lithium startup EnergyX, which is trying to revive its business prospects in Bolivia as it prepares to go public by 2024. EnergyX is one of several companies developing its own version...
CapVest acquires chocolate maker Natra from Investindustrial

CapVest acquires chocolate maker Natra from Investindustrial

Funds managed by CapVest Partners is to acquire Natra, a European producer and distributor of chocolates and cocoa products, from Investindustrial. Established in 1943, Natra is a leader in the production of chocolate bars, pralines, tablets and spreads which it sells...