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Blackstone, KKR join race for India’s Emami Cement

Bloomberg Blackstone Group Inc and a rival consortium led by KKR & Co are considering bids for the cement unit of Indian cosmetics to paper conglomerate Emami Group, according to people with knowledge of the matter. TPG Capital is also weighing a bid for Emami Cement Ltd and could look for a local partner, said one of the people, who ...

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China’s Huawei eyes No. 2 wireless market as India sits on 5G fence

Bloomberg Huawei Technologies Co, the wireless network giant blocked from selling its equipment in the US and some other markets, is betting it can find customers for its 5G gear in India, where the government has yet to weigh in on US calls for a boycott against the Chinese company. The world’s largest maker of components for 5G networks said ...

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SoftBank taps Houlihan for WeWork

Bloomberg SoftBank Group Corp has tapped investment bankers at Houlihan Lokey to explore options for easing WeWork’s cash crunch, according to people with knowledge of the discussions. Houlihan is working on cutting liabilities as WeWork mulls a separate deal that could hand control of the struggling office-sharing company to SoftBank, its biggest shareholder, according to the people. Other measures for ...

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