Corporate Valuations - News Blackstone, General Atlantic eye 74% stake in Karvy Computershare



corporatevaluations.in : news

Blackstone, General Atlantic eye 74% stake in Karvy Computershare


Date: 17-May-2017

Big bracket global private equity funds Blackstone Group LP and General Atlantic are in separate talks to purchase around 74% stake in India’s largest share registry company Karvy Computershare for roughly Rs. 2,100 crore. Australian share registry company Computershare, which owns half of the company, will sell its entire stake while Indian partner and owner of financial services firm Karvy Group C Parthasarathy will sell 24%. The deal once concluded, will value the company at around Rs. 2800 crore.

 
 
 
Our Offerings