HONG KONG Feb 19 Goldman Sachs and a unit of Mitsui & Co Ltd have led a 3,150 million rupee ($50.6 million) investment consumer goods firm Global Beverages & Foods Pvt Ltd, the investment banks said in a joint statement on Wednesday.
A. Mahendran, a former managing director for Godrej Consumer Products Ltd, will be chairman and managing director of Global Beverages & Foods and will also invest in the company, the statement said.
Global Beverages & Foods plans to build a portfolio of consumer brands to cash in on increased consumer spending in India.
Blackstone prepares to list European warehouse firm Logicor
LONDON/FRANKFURT, Dec 9 Buyout fund Blackstone is hiring banks to prepare for an initial public offering (IPO) of its warehouse firm Logicor, several people with knowledge of the situation said.
UPDATE 2-Trump offers Goldman executive Cohn key economic post -NBC
WASHINGTON/NEW YORK, Dec 9 U.S. President-elect Donald Trump has asked senior Goldman Sachs banker Gary Cohn to coordinate economic policy across his administration, turning to Wall Street for expertise in managing the world's largest economy, NBC News reported on Friday.