Tuesday,Jul 24,2007
Management buyouts gaining momentum http://www.business-standard.com/common/storypage.php?autono=292035&leftnm=2&subLeft=0&chkFlg=
PRIVATE EQUITY WATCH
Reena Zachariah / Mumbai July 24, 2007
Private equity players in India, triggered by consolidation of domestic businesses, cross-border M&As (merger and acquisitions) and split in family-owned companies, are going for big buyouts, mostly, management buyouts.
The first six months of the year alone saw 29 PE deals worth $2,435.3 million taking place in the country, compared with 68 deals worth $2328.3 last year (full year), according to Thomson Financial. http://www.business-standard.com/common/storypage.php?autono=292035&leftnm=2&subLeft=0&chkFlg=