Providence Equity Partners

Before merger, Indus Towers was jointly owned by Bharti Infratel (42 percent), Vodafone (42 percent), Idea Group (11.15 percent) and Providence Equity Partners (4.85 percent).

The shares were sold at an average price of Rs 107.32, valuing the transaction at Rs 1,287.84 crore, the data showed.

Idea shares have surged nearly 47 per cent since the two sides confirmed merger talks on January 30.

The lower end of the range is a 7 percent discount to Idea's closing price of Rs 114.55 on the National Stock Exchange on Monday and would value the 3.3 percent stake at nearly $192 million.

Mahindra Partners, Mahindra Group's $900-million private equity arm, on Tuesday announced closing of a new round of financing in Scoot Networks, an urban mobility solutions provider based in San Francisco.

The shares were offloaded on an average price of Rs 110.65, valuing the transaction at Rs 1,383.12 crore.

According to information available with the stock exchanges, Providence had sold 8.5 crore shares, amounting to 2.4 per cent stake in Idea Cellular through its investment arm -- P5 Asia Investment (Mauritius).

Helios Towers Africa on Thursday said it has secured equity financing of $630 million (Rs 3,780 at 1 dollar = 60 rupees) from new and existing investors, a day after Bharti Airtel Ltd agreed to sell about 3,100 of its telecoms towers in Africa to Helios.

Media and entertainment firm Star India on Thursday said that it has exited its equal partnership in the home shopping venture Star CJ Network by offloading its stake to Providence Equity Partners for an undisclosed amount.

Investors cheered US private equity firm Bain Capital Partners' move to buy a 30 per cent stake in technology outsourcing services provider Genpact Ltd, sending its shares to their highest in nearly two years.

Hulu's owners have decided not to sell the online video hub, the consortium announced late Thursday.

Before merger, Indus Towers was jointly owned by Bharti Infratel (42 percent), Vodafone (42 percent), Idea Group (11.15 percent) and Providence Equity Partners (4.85 percent).

The shares were sold at an average price of Rs 107.32, valuing the transaction at Rs 1,287.84 crore, the data showed.

Idea shares have surged nearly 47 per cent since the two sides confirmed merger talks on January 30.

The lower end of the range is a 7 percent discount to Idea's closing price of Rs 114.55 on the National Stock Exchange on Monday and would value the 3.3 percent stake at nearly $192 million.

Mahindra Partners, Mahindra Group's $900-million private equity arm, on Tuesday announced closing of a new round of financing in Scoot Networks, an urban mobility solutions provider based in San Francisco.

The shares were offloaded on an average price of Rs 110.65, valuing the transaction at Rs 1,383.12 crore.

According to information available with the stock exchanges, Providence had sold 8.5 crore shares, amounting to 2.4 per cent stake in Idea Cellular through its investment arm -- P5 Asia Investment (Mauritius).

Helios Towers Africa on Thursday said it has secured equity financing of $630 million (Rs 3,780 at 1 dollar = 60 rupees) from new and existing investors, a day after Bharti Airtel Ltd agreed to sell about 3,100 of its telecoms towers in Africa to Helios.

Media and entertainment firm Star India on Thursday said that it has exited its equal partnership in the home shopping venture Star CJ Network by offloading its stake to Providence Equity Partners for an undisclosed amount.

Investors cheered US private equity firm Bain Capital Partners' move to buy a 30 per cent stake in technology outsourcing services provider Genpact Ltd, sending its shares to their highest in nearly two years.

Hulu's owners have decided not to sell the online video hub, the consortium announced late Thursday.