• Macquarie Asset Management is reportedly nearing the acquisition of a significant minority stake in Maple Infrastructure Trust, an India-focused road infrastructure investment trust. Canadian pension fund CDPQ is looking to raise approximately $350 million from this stake sale.
• Advertising technology company InMobi has secured $350 million in debt financing from Varde Partners, Elham Credit Partners, and SeaTown Holdings. This financing is intended to fund a share buyback from existing investors, including SoftBank.
• The debt financing for InMobi is structured into two tranches: $200 million at the operating company level and $150 million at the holding company level. The loan is secured against the founders' stake and carries an interest rate of 13-14%.
• Manipal Health Enterprises, operating as Manipal Hospitals, is planning to file for a $1 billion initial public offering in January. The hospital chain, backed by Temasek, is aiming for a valuation of up to $13 billion.

Nitesh Kumar

Macquarie Asset Management is set to buy a significant minority stake in Maple Infrastructure Trust while advertising .........

Grapevine: Macquarie, SoftBank, InMobi, Manipal Hospitals in news

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Macquarie Asset Management is set to buy a significant minority stake in Maple Infrastructure Trust while advertising technology company InMobi has secured...

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Grapevine: Macquarie, SoftBank, InMobi, Manipal Hospitals in news

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