Tag «majority stake»

AccorHotels Initiates Sale of Majority Stake in AccorInvest

AccorHotels announces that it has signed agreements with a group of international investors with a view to selling a majority of the capital of AccorInvest. Under the terms of the agreements, AccorHotels would initially sell 55% of AccorInvest to Sovereign Funds, namely the Public Investment Fund (PIF) and GIC, Institutional Investors, namely Credit Agricole Assurances, …

Quess Corp to acquire a majority stake in Tata Business Support Services

New Delhi, 20thNovember,2017: Quess Corp Limited (“Quess”), India’s leading integrated business services provider, announced today that it has signed a definitive agreement withTata Sons and Tata Capital to acquire a 51% stake in Tata Business Support Services (“TBSS”). Tata Sons will hold the remaining 49%. The transaction is expected to close in the next few …

TPG Growth Acquires Majority Stake in Cancer Treatment Services International

Leading  healthcare  investor  to  help  drive  growth  for  top  cancer  treatment  network  in  India Fort Worth,Texas and San Francisco – April 27, 2016 – TPG Growth, the middle market and growth equity investment platform of TPG, a leading global private investment firm, today announced it will acquire a majority stake in Cancer Treatment Services International …

Godrej takes majority stake of 51% in India Circus

~India Circus targets a growth of 500% over the next two years, through this merger~   Mumbai, January 19, 2016: Godrej, one of India’s leading business conglomerates, continues to increase its footprint in the lifestyle vertical by taking majority stake of 51% in India Circus, a venture by Krsnaa Mehta. With this merger, the group …