majority stake Archive

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