Sunday, September 30, 2018

KKR, Blackstone may acquire stake in Shriram Group for $3 billion: Report

KKR, Blackstone may acquire stake in Shriram Group for $3 billion: Report As per the report, before the deal, Shriram Capital, the group holding company, would have to finalise plans for a three-way merger with its publicly traded arms: Shriram Transport Finance and Shriram City Union Finance

from Moneycontrol Business News https://ift.tt/2NQLyfv

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...