1. Dealtalk: Tough India IPO market drives deals

    When Ind-Barath Power Infra Ltd dropped plans for a $200 million IPO earlier this year, it not only thwarted the fundraising plans of its controlling shareholder, but blocked an exit route for a clutch of private equity investors.
    Read Full Article
  1. Categories

    1. Markets:

      Bollywood, Gaming, Maps/Local, Mobile, Outsourcing, Social Networking, Telecom, Travel, Video
    2. Financing:

      Acquisition, Funding
    3. Other:

      Jobs, Reports
  2. Quotes

    1. A secondary sale should not be viewed as a forbidden option, as it sometimes is.
    2. Secondary transactions offer relatively high returns...As the industry matures, more and more PE-funded companies will come up for sale.
    3. In an exit environment driven by IPOs, such underperformers would indeed be hard to exit.
  3. Topics Mentioned