MUMBAI : Temasek, the private equity (PE) arm of the Singapore government, is the front runner to acquire significant minority stake in Tynor Orthotics, a Mohali, Punjab-based medical equipment maker, according to three people with knowledge of the development. The manufacturer and exporter of orthopaedic and fracture aids, which is backed by consumer-focused PE firm … Read more
Bengaluru/Mumbai: Bengaluru-based Lal Sweets is in talks to raise about $40 million from private equity investors. The potential deal values the company at $150-175 million, according to three people with knowledge of the matter. The company, which sells sweets, cookies and savories, has received a term sheet from the private equity arm of Motilal Oswal … Read more
The transaction, which involves a primary equity raise and secondary sale, may peg an enterprise value of around $500 million for the Delhi-based company, the people cited above said on condition of anonymity. Among others competing for the deal are US freight rail company Midrail LLC, and a joint venture of European alternative asset manager … Read more