Brookfield buys into Indian infrastructure with road and power deal


NEW DELHI - Canada's Brookfield Asset Management made its first significant investment in Indian infrastructure, buying six road and three power projects on Friday from India's Gammon Infrastructure Projects Limited.

South Africa's Adcock Ingram to sell loss-making Indian unit 26 Aug 2015

JOHANNESBURG - South African pharmaceutical firm Adcock Ingram will dispose of its loss-making Indian unit, the company said in a statement on Wednesday.

Goldman Sachs to invest $150 million in Piramal Realty 17 Aug 2015

REUTERS - Investment bank Goldman Sachs will invest $150 million for a minority stake in Piramal Realty, the Mumbai-based real-estate developer said on Monday.

LafargeHolcim to sell India assets for 750 million Swiss francs 17 Aug 2015

PARIS - Cement maker LafargeHolcim said it would sell two plants in eastern India to Birla Corporation for about 750 million Swiss francs ($768 million), as a condition of its recent merger.

Rohatyn Group sells stake in India's Sharekhan to BNP Paribas 15 Aug 2015

BOSTON - The Rohatyn Group has sold its stake in Sharekhan, India's leading online retail brokerage, to French bank BNP Paribas , according to a source familiar with the deal, marking the latest in a series of sales of investments from a portfolio the private equity firm bought two years ago.

Agnelli family lifts stake in The Economist as Pearson sells out 13 Aug 2015

LONDON - Britain's Pearson brought an end to its near 60-year ownership of The Economist on Wednesday, agreeing to sell its 50 percent stake in a deal that makes Italy's Agnelli family the largest shareholder in the weekly title.

TurkmenGaz to take stake in gas pipeline to Afghanistan, Pakistan, India 12 Aug 2015

ISLAMABAD - Turkmenistan's national gas company has agreed to take a 51 percent stake in a consortium seeking to build a long-planned gas pipeline from Turkmenistan to Afghanistan, Pakistan and India, an official involved in the project said on Wednesday.

GE to sell healthcare finance business to Capital One for $9 billion 12 Aug 2015

REUTERS - General Electric Co said it would sell its U.S. healthcare finance unit to credit card lender Capital One Financial Corp for about $9 billion as it winds down its finance arm and returns to its industrial roots.

Buffett pays high price for Precision Castparts 11 Aug 2015

- Warren Buffett is paying a hefty price for the biggest bet of his career as his Berkshire Hathaway Inc has agreed to buy Precision Castparts Corp , valuing the maker of aerospace and other parts at $32.3 billion. | Video

LyondellBasell to buy Indian PPC maker in automotive push 10 Aug 2015

MUMBAI - LyondellBasell Industries will buy polypropylene compounds (PPC) maker SJS Plastiblends, the companies said on Monday, as the plastics and chemicals maker sought a greater share in India's growing automotive market.

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