Piramal Group appoints Kalpesh Kikani as CEO of Piramal Alternatives
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Goldman Sachs-backed ReNew Power to go public via $8-bln SPAC deal
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Goldman-backed ReNew Power to list on Nasdaq via $8 billion SPAC deal
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ETtech
Other Suitors
ET had on Jan. 4
reported that Brookfield, Bain & Co, Carlyle and Permira were queueing up for a likely $3 billion Mphasis buyout. They are still in the race, but a decision is yet to be taken, one person aware of the matter said.
It is possible that two of the contenders might team up to make a bid, and some of the limited partners of these funds Abu Dhabi Investment Authority (ADIA) or GIC of Singapore may step in as well, said sources close to Blackstone. Permira has opted out. Goldman Sachs PE, according to another source, has also shown last-minute interest to be part of a consortium and is said to have offered a minimum of $500 million funding commitment.