Senvion SE will give Suzlon licence for off-shore technology for the Indian market.
@015 has been a good year so far in terms of importan private equity deals.
The largest deal of this year was Centerbridge Partners LP investing $1,157 million in Senvion SE for 100% stake from Suzlon Energy.
Our break-even level has come down and we expect the cost structure to improve further, says the Suzlon chief.
The deal will provide Suzlon with much needed liquidity.
Tata Steel, others sell assets abroad after taking massive impairments.
With the government's focus on environment-friendly fuel, Indraprastha Gas, Mahanagar Gas and Suzlon's earning prospects look bright
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
Companies write off investments, shed assets as initial projections go haywire