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GIC adds manufacturing company to India portfolio with $150-mn bet

Manufacturing

29 May, 2024

GIC adds manufacturing company to India portfolio with $150-mn bet

Singapore sovereign wealth fund GIC, which makes private equity-style investments in listed and unlisted Indian firms, has added a manufacturing ......

Timken Singapore to sell stake in Indian unit for $231 mn

Manufacturing

19 June, 2023

Timken Singapore to sell stake in Indian unit for $231 mn

The Singapore-based parent of Timken India has proposed to sell an 8.4% stake in the Indian bearings and power transmission ......

Timken buying ABC Bearings in all-stock deal at huge premium

Manufacturing

05 July, 2017

Timken buying ABC Bearings in all-stock deal at huge premium

American engineering firm Timken is acquiring public listed firm ABC Bearings Ltd, a manufacturer of tapered, cylindrical and spherical roller ......