The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.
The takeover surpasses the previous LBO record -- the $45 billion buyout of Texas utility TXU Energy in 2007 -- and underscores investors' long-term bet on blockbuster gaming franchises.
At a time when instability in the US leveraged buyout (LBO) market is making world equities markets jittery, JSW Steel is planning a leveraged buyout of a North American steel company.
Global financial services giant Citigroup has identified Jet Airways, Indraprastha Gas, Gokaldas Exports and Abhishek Industries as potential targets for leveraged buyouts by smaller companies looking for a presence in India, while acknowledging that
It's free cash flow over the past 12 months was more than $3 billion.