Barcelona president could ‘go to prison’ if he sells Messi

first_imgBarcelona president, Josep Maria Bartomeu, could go to prison if he allows Lionel Messi to leave the club this summer. That’s according to Spanish football expert Guillem Balague, who said Bartomeu needs to do everything in his power to keep the Argentinian or face being accused of “mishandling assets”. Messi sparked the biggest transfer saga of the summer last month by handing in a transfer request at Barca, informing club officials of his desire to leave via burofax. After 16 years at the Nou Camp he is now seeking a new challenge, with reports suggesting Manchester City are leading the race for his signature. However, Barca are not prepared to let him go that easily, stressing that the player still has a year remaining on his current contract – which includes a £630million release clause. read also:Barcelona vow to take Messi, Man City to court if…Advertisement Promoted ContentYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime7 Reasons Why You Might Want To Become A VegetarianBirds Enjoy Living In A Gallery Space Created For ThemBest Car Manufacturers In The World6 Incredibly Strange Facts About HurricanesPlus-Size Girls Who Set The Catwalk On Fire6 Interesting Ways To Make Money With A DroneEver Thought Of Sleeping Next To Celebs? This Guy Will Show YouCouples Who Celebrated Their Union In A Unique, Unforgettable WayThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreWhat Is A Black Hole In Simple Terms?The Untold Truth Of Sasha Obama Messi believes he is a free agent, nonetheless, due to another clause in the deal which reportedly allowed him to leave at the end of the 2019/20 campaign. The Catalans claim that clause expired on June 10, despite the season eventually concluding much later following the coronavirus pandemic, and will therefore only sell if a potential suitor activates his hefty release clause. Messi has since taken matters into his own hands, refusing to turn up for pre-season training and Covid-19 tests at the club on Sunday. The six-time Ballon d’Or winner is now embroiled in a bitter legal dispute with Barca, which undoubtedly marks a sour end to his legendary stint at the Nou Camp. Yet Balague has explained why Bartomeu needs to “fight Messi’s departure till the end” this summer, suggesting the Barca president could face jail time if he cashes in on him. He posted on Twitter: “Reasons for Barto to insist on Messi staying. The coach wants him (when [Ronald] Koeman asked Barto, ‘do I have Messi’, president said, ‘yes’. Next day Jorge Messi rang Barto to tell him again that his son wants to go). Koeman has suggested that he’s make a strong team without Messi too. FacebookTwitterWhatsAppEmail分享 center_img Loading… last_img read more

Harvest moving forward for Between the Rows farmers

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Nathan BrownWe are pretty well wrapped up with our soybeans. We have shelled a little bit of corn but we still have quite a ways to go with that.Our beans were 8 to 10 bushels off of what they normally are. We did spray one or two fields with fungicide and those fields were yielding what we normally would see. So this may have been the year to spray fungicide and we suffered a little there.There was some frogeye, but maybe more than anything the overall plant health may have been the benefit of the fungicide. I don’t know that it was any one disease, just the overall plant health.The first soybeans we cut were on the dry side and the last load came out at 12.6% moisture. We’d cut soybeans for two days and then we’d sit for a week. The replants were planted the first part of July and didn’t come to maturity until the frost — that held us up.So far the corn we have shelled has been wet. The driest we have shelled so far was 18% to 19% and that was the first that was planted. The highest has been 26% moisture. Yield wise everything seems to be on par with where we should be on corn. We did spray fungicide on all of our corn ground and it is looking good. We are hoping to get another good couple days before more rain sets in.Most beans around here seem to be pretty well wrapped up but there is still a lot of corn to go. So far the corn is standing well.We flew some cover crops on the first part of September and we have gotten a couple of good rains in the last few weeks that have really brought them on. Everything we have harvested has cover crops on it now. We have our wheat sown Oct. 8. It is up and looks good, with a good stand and good color. We also planted some cover crops with a Turbo-Max with vertical-till machine and a seeder.It has been a rather delightful fall compared to last fall. Bean yields were down a little but we are pretty tickled with what we have. We have also still had some heat to bring things along this time of year. We have been grazing some of our summer cover crops with some feeder calves and we have been happy with their gains. Lamar LimingWe finished beans the beginning of last week and got the wheat in before that on the corn ground we chopped. We got done chopping but haven’t started shelling corn yet.The beans were below average, but for the year I was alright with it. The bean yields were anywhere from 35 to 68 bushels, but that is what we were expecting. Test weight was average and they dried down pretty well as late as some of them went in.The wheat is coming up and is not bad. I got it in around mid-October and we’ll just see what happens there.Around here there are some guys further ahead on corn than I am and there are still quite a few beans in the area that need to be taken off. We have not gotten a lot of rain the last few weeks, but we did get .9 over the weekend. This corn going in late last spring is still holding quite a bit of moisture. It was windy here yesterday but not that bad. The corn stalks are generally in pretty good shape.We are in good shape on feed for the cows. We have plenty of hay and the silos are both full. The quality is down so we’ll see what that will do for production moving forward. Dylan BaerWe got an inch of rain Saturday and we are are right on track with an inch a week. We did manage to get our beans finished on Thursday night and we got caught up on some tillage before the rains came.We were pleasantly surprised with the beans. Looking back, we maybe should have planted more beans. I think we will average between 50 and 55 across the board. I think our worst was 42 and our best was 58 or 59. We heard about some 60-bushel beans out there. We have had normal years where we planted in May where we only averaged 50-bushel beans so we can’t ask for much more than that. The last field we planted was on June 30 and it was our best field that went 58. We don’t know where that came from.We were able to get some sunshine this fall and it helped. The average moisture was around 14% and the quality was fine. Some fields had some good bean size to them and good test weight.We are looking forward to trying some corn the next dry spell we get. It won’t take us long to get that out. It has been a weird fall with limited acres on everything. We have been able to take things field by field and get them ready for next spring. We have only had spotty frosts, but it sounds like this week temperatures might fall off a little bit.The first round of wheat was planted Sept. 20 and it looks great, but we are almost worried about it getting too tall. We planted more around Oct. 8 and 10 and that wheat is also off to a good start.Andrew ArmstrongHarvest went well and we were actually able to finish a week ago Sunday. There was one day we weren’t able to run because of rain and that was it. We had another rain that soaked right in because it was so dry. We ran pretty hard and some of the corn we shelled was up to 24% and 25% moisture. We were able to lock in propane pretty cheap and had to dry some. We did leave a field at the beginning and came back to get it. We did not dry any soybeans. Most of them were around 11% moisture. There were parts of some fields where the beans were a little green yet where it had laid wet or got replanted. The blend is your friend — that is what we always say.We started with our most southern fields and we were pleasantly surprised with the results. It was not a record-breaker for corn, but above average. The beans were a little below average overall.For beans we had fields in the high 50s on down to 30s and 40s on the low side. For corn, it was everywhere. We had some close to 200 on down to about 140. We were really fortunate just to have crops to harvest, honestly.We did a little bit of fall tillage where we tiled a field. We got equipment cleaned up and put away.last_img read more

WATCH: Kobe Bryant’s 11-year-old daughter shows off basketball prowess

first_imgA follow-up video showed Kobe’s “mambacita” hitting another shot from deep, followed by a strong drive to basket over her legendary father. EAC, Letran triumph Don’t miss out on the latest news and information. Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Fans may no longer see Kobe Bryant suit up in the hardwood, but it looks like he has found a worthy successor—his 11-year-old daughter, Gianna.After admitting that the WNBA Finals rematch between the Los Angeles Sparks and the Minnesota Lynx has got them all hyped up, the father-daughter duo went on to work and put on shots of their own.ADVERTISEMENT Trump to designate Mexican drug cartels as terrorist groups Argentine bishop appears at court hearing on abuse charges Bryant posted a couple of videos of their 1-on-1 workout on his personal Instagram account, which has accumulated a combined 3 million views as of this writing.“@wnba finals rematch got us hype! A lil one on one with my baby,” Bryant captioned the first video, which showed Gianna clearing some space and draining a jump shot.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games opening LATEST STORIES MOST READ View commentscenter_img ADVERTISEMENT ‘A complete lie:’ Drilon refutes ‘blabbermouth’ Salo’s claims No more menthol cigarettes: New ban on tobacco, vape flavors Sports Related Videospowered by AdSparcRead Next Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Winter storm threatens to scramble Thanksgiving travel plans In a previous interview with Andrew McNicol of the South China Media Post, Bryant shared an adorable story of how Gianna was irked by fans who kept calling him the “G.O.A.T.”“It’s me, my wife [Vanessa], my eldest daughter Natalia and our middle child Gianna,” he shared. “And fans throughout the park keep walking by me saying ‘you’re the GOAT, you’re the GOAT!’“Finally, Gianna turns to one of them and shouts ‘how rude.’ I asked her what was wrong, and she says, ‘they keep calling you a goat, that is so rude!’Kobe clarified that it meant “The Greatest Of All Time” and Gianna went on to thank the fan.Shortly after his retirement in 2016, Bryant shared that he was looking forward to spending more time with his wife and three daughters.By the looks of it, he is certainly cherishing every moment. /raRELATED STORY:WATCH: Kobe’s 11-year-old daughter drains jumpshot a la ‘Black Mamba’ Lacson: SEA Games fund put in foundation like ‘Napoles case’last_img read more

Neymar, Payet & World Cup 2018’s absentees & doubts

first_imgWorld Cup World Cup absentees: Players who will miss Russia 2018 & major doubts Ryan Kelly Last updated 1 year ago 07:00 5/23/18 FacebookTwitterRedditcopy Comments(5) World Cup absentees Getty/Goal composite World Cup South Korea Croatia Russia Brazil Sweden Tunisia Switzerland Panama Morocco Spain Colombia Saudi Arabia Japan Uruguay Egypt Iran Portugal France Australia Iceland Argentina Denmark Peru Nigeria Serbia Costa Rica Germany Mexico Belgium England Poland Senegal With the tournament getting closer, Goal takes a look at the stars who may miss out on a place in their respective national team squad The 2018 World Cup is just a month away and national team bosses are beginning to figure out and finalise the best possible squads to bring to Russia.In the coming weeks they will be paying close attention to the health of their players because, with plenty of football to be played, injuries will happen, which can throw their plans into disarray.No footballer – not even the best – is completely invulnerable and sometimes fate can deliver cruel blows to individuals whose talents deserve to be showcased on the world stage. That is simply an unfortunate hazard of the profession. Article continues below Editors’ Picks Goalkeeper crisis! Walker to the rescue but City sweating on Ederson injury ahead of Liverpool clash Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp Sorry, Cristiano! Pjanic is Juventus’ most important player right now As well as that, personality clashes, bans and other issues can end up preventing players from taking part.As 32 teams get set for the big kick-off in June, Goal casts an eye over those stars who are major doubts for the World Cup as well as those who have been ruled out completely.Confirmed out of World Cup 2018 The question of which players are definitely out of the 2018 World Cup will yield a much clearer answer as we get closer to the tournament in June, with coaches generally keen to give their playing pool the best possible chance of making the final cut. However, the cases of some players missing out are understood, if not officially communicated.France are hoping to claim their second world title when they compete in Russia this summer but one man who is almost certain not to be part of that journey is Karim Benzema, who has not featured for his country since October 2015. The Real Madrid star does not hold much hope for the prospect of a recall ahead of the World Cup though, explaining his view that he will not be picked as long as Didier Deschamps is head coach.Laurent Koscielny went down in excruciating pain during Arsenal’s Europa League semi-final second-leg defeat to Atletico Madrid after appearing to lose his footing and the club later confirmed that the defender had suffered a torn Achilles tendon. Unfortunately for Koscielny that means his chances of going to Russia as part of the France contingent this summer are now gone and he faces a number of months in recovery.Dimitri Payet had a memorable Euro 2016 but he’s going to be watching from the sidelines for Russia 2018 after picking up a hamstring injury in the Europa League final against Atletico Madrid. The former West Ham United attacker limped off in tears in the first half to end his chances of a call-up from Deschamps, having forced his way into contention with his star performances for Marseille.Dani Carvajal will endure more heartbreak after an injury in a Champions League final ruled him out of a second successive major international tournament. The Real Madrid full-back missed Euro 2016 after being injured in the final against Atletico Madrid and he suffered a hamstring injury against Liverpool in Kiev to force him out of the World Cup.England will definitely have to make do without the services of Liverpool midfielder Alex Oxlade-Chamberlain, who suffered a knee ligament injury in the Reds’ Champions League semi-final first leg victory over Roma. The former Arsenal star sustained the injury while making a tackle and it comes as a major blow to both the player and Three Lions boss Gareth Southgate.He will be joined on the sidelines by club-mate Joe Gomez, who had forced himself into contention, and even earned a Man of the Match award during the Three Lions’ draw with Brazil having kept Neymar quiet. Ankle surgery, however, has ended his hopes of heading to Russia.Both Jack Wilshere and Joe Hart have also been excluded from the squad, with Southgate preferring to take Nick Pope instead of the experienced West Ham shot-stopper who has been having a terribly lukewarm season in East London.Brazil are one of the favourites to win the tournament, but they will have to make do without marauding full-back Dani Alves, who picked up a knee injury during the Coupe de France final and will instead spend the summer recovering ahead of Paris Saint-Germain’s 2018-19 campaign.Germany boss Joachim Low has a massive pool of talent to draw from, but two potential additions to his World Cup panel have been ruled out. Bayern Munich winger Serge Gnabry, who is on loan at Hoffenheim, has been laid low with a groin injury, while Borussia Monchengladbach captain Lars Stindl, who played a key role in the 2017 Confederations Cup win, has suffered a serious ankle injury.Meanwhile, Bayern Munich striker Sandro Wagner felt aggrieved to have missed out on a spot and World Cup winner Mario Gotze also failed to make the cut.Fernando Gago was part of the Argentina squad that finished runners-up at the 2014 World Cup but he did not make Jorge Sampaoli’s final 23 for Russia 2018. Now playing for Boca Juniors and aged 31, the former Real Madrid midfielder suffered a serious knee injury towards the end of 2017 and has thus been left out of the squad. Other notable absentees are Serie A top scorer Mauro Icardi, who was cut from the 35-man shortlist, while Man Utd goalkeeper Sergio Romero has been ruled out through a knee injury.The likes of Javier Pastore, Angel Correa and Carlos Tevez, meanwhile, were also omitted from the preliminary squad and will play no part in Russia.There had been vague suggestions – encouraged by the man himself – that Zlatan Ibrahimovic could potentially make a return to the Sweden set-up for the World Cup, but the Swedish FA chief, Lars Richt, has ruled out any such possibility.More players will undoubtedly join the aforementioned, particularly those who are considered major doubts to make the plane to Russia (see below), and we will keep you updated.Major doubts for World Cup 2018 Mohamed Salah Real Madrid Liverpool Champions League final 260518Mohamed Salah is a concern for Egypt’s World Cup squad after suffering a shoulder injury in Liverpool’s Champions League final against Real Madrid. The forward left the pitch in tears in the first half in Kiev after being hauled to the ground by Sergio Ramos.Five-time winners Brazil head to the tournament as one of the favourites but one of their star players finds himself in a desperate race to recover full fitness in time for the kick-off. Neymar underwent surgery on his foot in March after suffering a fractured metatarsal and a sprained ankle while playing for Paris Saint-Germain. The expectation is, however, that he’ll be ready to feature for his country in their warm-up clash with Croatia on June 3.Germany could have been forced into a defensive reshuffle following the news of Jerome Boateng’s thigh injury, which has brought his domestic season to a premature end. The Bayern Munich centre-back had been expected to be out of action for between four and six weeks but he has been included in his country’s provisional squad and appears likely to be ready for Russia.Despite Michy Batshuayi’s domestic season ending prematurely due to an ankle injury, he has made Belgium’s World Cup squad wich was announced on May 21.Iceland will be taking part in the World Cup for the first time in their history and Everton midfielder Gylfi Sigurdsson will be involved. A knee ligament injury in March had cast serious doubts over his availability for the tournament in June but he was named as part of manager Heimir Hallgrimsson’s squad and looks all set to ready to feature in Russia.Peru’s Paolo Guerrero looks almost certain to miss the World Cup after seeing his doping ban extended to 14 months by Court of Arbitration for Sport (CAS). FIFPro are in the process of appealing to FIFA that he should be allowed to play, however, having previously tested positive for performance-enhancing drugs.Potential doubts for World Cup 2018 Manuel Neuer Bayern Munich 26082017While Manuel Neuer has been named in Germany’s provisional squad, the Bayern Munich keeper will be assessed further before Joachim Low makes his final call on the 23 players who will feature in Russia. Low said at a press conference on May 15: “We want to see for ourselves if Manuel Neuer is fit, we have a chance to see and assess him. And after the training camp we want to talk fair and square.”last_img read more

10 months agoTottenham keen on Hull City winger Bowen

first_imgTagsTransfersAbout the authorFreddie TaylorShare the loveHave your say Tottenham keen on Hull City winger Bowenby Freddie Taylor10 months agoSend to a friendShare the loveTottenham Hotspur are targeting Hull City winger Jarrod Bowen.According to football.london, Spurs have been scouting the 22-year-old on numerous occasions.He ha scored 10 goals this season from the right wing.Besides his obvious talent, Spurs are interested in Bowen because he is not cup-tied for the FA Cup and will help fill their homegrown quota. last_img read more

Fairfax investing 648 million in Seaspan Corp to double investment in shipper

first_imgTORONTO – Fairfax Financial Holdings Ltd. is investing $648 million in Seaspan Corp. to bring its total stake in the shipping company to roughly $1.3 billion.CEO Prem Watsa says in a statement the investment represents one of its largest in a public company and demonstrates its faith in the shipper’s growth prospects.Hong Kong-based Seaspan leases and manages the huge container ships that form the backbone of the global shipping industry.Seaspan says Fairfax subsidiaries will be making the investment through the exercise of warrants and that it will help its balance sheet.Fairfax had made an initial investment of $324 million in Seaspan in February and entered into an agreement to double that investment in March.Fairfax is a Toronto-based holding company involved in property and casualty insurance that also holds a diverse investment portfolio.last_img read more

Rail strike leads to traffic jams in Germany

first_imgBERLIN — German train workers have gone on strike, leading to cancellations in the country’s long-distance and commuter rail system and making tens of thousands of employees and school children late.Employees of Deutsche Bahn, the country’s biggest rail system, went on strike Monday morning for several hours after failing to reach a deal on pay in their current wage negotiations.The German news agency dpa reported that in some parts of the country such as Bavaria almost all trains came to a halt in the morning, leading to traffic congestion on the roads as people struggled to make it to work on time.The EVG labour union had called for the strike, which is a common tactic during wage negotiations in Germany.The Associated Presslast_img read more

Enhanced chainup regulations are now in place for commercial vehicle operators

first_imgPrevious regulations required vehicles over 27,000 kilograms to carry and use traction devices, with only one wheel needing chains during winter conditions and mandatory chain-ups.  The new, more all-encompassing enhancements clarify requirements for all commercial vehicles over 5,000 kilograms:* Vehicles less than 11,794 kilograms – like buses or five-ton trucks – must use chains on a minimum of two tires and can use steel chains, cable chains, automatic chains, socks or wheel sanders, if not equipped with winter tires.* Vehicles 11,794 kilograms or more must use steel chains, and the number of tires needing chains ranges from a minimum of two tires for vehicles without a trailer, to six tires on some larger and more-demanding configurations.“Last winter, 33 of 35 extended closures on the Coquihalla involved commercial vehicles, and in most cases, this was due to truck drivers either poorly installing chains or not using them at all,” said Claire Trevena, Minister of Transportation and Infrastructure. “While most drivers do chain up during winter weather, these new regulations and the stricter fines that will follow will improve safety and hopefully reduce the number of closures.”For more information on the chain-up regulations and fines; CLICK HERE VICTORIA, B.C. – The Ministry of Transportation and Infrastructure implemented stricter chain-up regulations for commercial vehicle operators to improve vehicle performance during winter conditions which will keep B.C. highways safer.The Ministry recognizes the short notice the commercial vehicle industry is being given and will balance safety and reliability with giving the industry time to adjust its practices to the new regulations.Commercial vehicle safety and enforcement officers will provide information and education to drivers over the coming months before stricter fines are implemented and enforced later this winter. The values of the escalating fines for non-compliance are being evaluated and considered. Previously, drivers faced a base-level fine of $121 for not carrying chains or not installing them when required to do so.last_img read more

Cong will fight polls in UP on its own strength Scindia

first_imgNew Delhi: The Congress will fight the general election in Uttar Pradesh on its own strength, party’s west UP incharge Jyotiraditya Scindia said Saturday, asserting the path of his party may be different from that of the SP and the BSP but their objective is the same. Scindia also said that as far as talks for alliances are concerned, “like-minded parties should also think in a like-minded way”. The AICC general secretary incharge UP west’s remarks assume significance as they come amid reports that there may be a rethink on the grand alliance in Uttar Pradesh to include the Congress. Also Read – How a psychopath killer hid behind the mask of a devout laity! On Akhilesh Yadav’s remarks that the Congress was very much in the Samajwadi Party-Bahujan Samaj Party-Rashtriya Lok Dal alliance and two seats were being left for it, Scindia said, “If this is his thinking, then we may also leave 2-3 seats for them.” “The current situation is that the SP and the BSP have taken a decision that they want to walk on a different path with the same objective that the Congress has. Our paths can be different, but the objective is the same,” he said. Also Read – Encounter under way in Pulwama, militant killed Scindia asserted that the Congress wants to have a UPA government at the Centre and in Uttar Pradesh it was determined to come back to power by 2022. “We have said time and again that our objective is the same that UPA government must be formed at the Centre. In Uttar Pradesh, the Congress is going to fight this election on its own strength,” Scindia told reporters here. “We believe that be it BSP or SP, they have taken a decision and we respect that decision. They have the right to choose their path. They have chosen their path and the Congress is going to fight this election on its own strength,” he said. Asked about whether talks should be held to bring like-minded parties together, he said dialogue should take place but it should be from both sides. “We are going to establish the Congress strongly on the ground in UP. And we are moving in that direction,” he said. On leaders in UP like Savitri Bai Phule joining the Congress, Scindia said the party’s doors are open for those who have strength on the ground, want to serve the people and are committed to form a new Uttar Pradesh. Interestingly, both the Congress and the SP have announced their first list of candidates for some seats in UP. The Congress on Thursday announced 11 candidates for the electorally crucial state of the UP, fielding UPA chairperson Sonia Gandhi from Raebareli and party president Rahul Gandhi from Amethi. Former Union ministers Salman Khurshid, Jitin Prasad and R P N Singh have been fielded from their traditional seats of Farrukhabad, Dhaurahra and Kushi Nagar respectively. The Samajwadi Party on Friday released its first list of nine candidates for the Lok Sabha polls in Uttar Pradesh, fielding party founder Mulayam Singh Yadav from its stronghold Mainpuri. Uttar Pradesh has 80 Lok Sabha seats out of which the Congress had won just two (Amethi and Raebareli) in 2014. BSP chief Mayawati and SP’s Akhilesh Yadav had jointly announced their alliance in January. On Tuesday, Yadav, at a press conference in Lucknow with RLD’s Jayant Chaudhary, had said the Rashtriya Lok Dal will contest three Lok Sabha seats as part of an alliance with the SP and the BSP.last_img read more

JanMar PE investment deal value touches 8451 million

first_imgNew Delhi: Private equity investments worth $6,198 million were announced last month, taking the total deal value during the January-March quarter to $8,451 million, largely driven by big ticket investments, says a report. According to Grant Thornton’s PE Dealtracker, 69 PE investments worth $6,198 million were announced in March, registering a significant jump from $1,382 million in the year-ago period. In January-March period, there were 182 PE deals worth $8,451 million, recording a twofold jump in the investment values on account of increased big-ticket deals that saw 11 investments attracting funds in the range of $100-500 million. Also Read – Commercial vehicle sales to remain subdued in current fiscal: Icra”PE firms looking for places to park their capital in leverage buyouts will help keep up the deal-making pace,” Grant Thornton India LLP Director Pankaj Chopda said adding much of the action is dependent on the policies of the next government. A sector-wise analysis shows that a total of five PE transactions in the energy and natural resources sector led the value chart. On the other hand, 118 transactions in the startup and e-commerce sector and 15 transactions in the banking and financial sector, led the PE volume chart. Also Read – Ashok Leyland stock tanks over 5 pc as co plans to suspend production for up to 15 daysCanadian investor Brookfield-led India Infrastructure Trust’s (InVIT) acquisition of East-West gas pipeline for Rs 13,000 crore was the top PE deal of the January-March quarter. Other major PE investments during the quarter include Singapore government’s investment arm GIC Pte’s investment in Bharti Airtel and Brookfield Asset Management-Hotel Leelaventure transaction. Going ahead, the need for funding for small and medium businesses to fuel growth and availability of transaction structures to monetise capital intensive businesses indicate the opportunity for higher tractions in the PE or VC landscape, Chopda said.last_img read more

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