Hero Honda might be in limelight as overseas funds compete for stake

Hero Honda might be in limelight as overseas funds compete for stake TPG Capital, KKR & Co, Carlyle Group and Bain Capital Llc are allegedly challenging to get hold of a part of Japan- pedestal Honda Motor Company's stake in Hero Honda Motors. As per the reports, two of the funds may equally purchase approximately by 15%.

An additional 5% might be sold to the Munjal family, organizer of the Hero group. Honda Motor and the Hero Group each one possess by 26% in Hero Honda.

Deutsche Bank and its asset management part, that are lenders to Vishal Retail, have allegedly accepted a stay order from the Delhi High Court for the retailer's set up to sell the venture to the Texas Pacific Group and the Chennai-pedestal Shriram Group for Rs 100 crore.

The Wadhawan family unit, the proprietors of Housing Development and Infrastructure, has apparently appeared as the one to watch to procure the Gurgaon-based Artemis Hospitals, which is valued at Rs 450 crore, from the Kanwar kin that manages the Apollo Tyres.

The union ministry of corporate affairs has supposedly prepared an investigation into the Norway- pedestal Telenor ASA's investment valued at Rs 11,000 crore in real estate firm Unitech's telecom group, Uninor.

United Spirits will create an open proposal to the shareholders of Pioneer Distilleries to grab by 20% at Rs 101 per share.