Private equity (PE) firms are said to be in talks with medical device and technology provider Trivitron Healthcare to pick up a 10-12% stake in the company. According to sources, Bain Capital, TPG and TA Associates are interested to buy the stake in the unlisted Trivitron. The company is likely to sell the stake for Rs 150 to Rs 200 crore, the sources said. In response to an ET query, a company spokesperson said, “Trivitron group of companies as a […]

Ashok Piramal Group, IDFC Project Equity Fund and Canada’s SNC-Lavalin Group Inc will commit $250 million-$300 million in equity in a combined fund over the next 3-5 years, a Piramal Group official said on Tuesday. Earlier, the three firms had agreed to jointly develop road and highway projects in a public-private partnership. The group plans to eventually list the partnership, Rajeev Piramal, vice-chairman of the Ashok Piramal Group, told reporters Source: Reuters