Family offices, PEs team up for $1 bn stake in Haier’s India operations

Family offices of prominent industrialists and leading private equity funds, including Warburg Pincus, Bain Capital, and others, are considering acquiring a majority stake in Haier Appliances India’s operations. Talks and non-binding offers are being made to take a 51% controlling interest, with efforts to include significant Indian business families and additional financial investors.

More To Explore

Asian stocks decline as Fed rate cut bets wane

Asian stocks declined following mixed US inflation data, leading traders to reduce bets on Federal Reserve interest rate cuts. Concerns about persistent inflation were reinforced