The inveterate risk-taker - Mathew Cyriac

His buyout of Blackstone's stake in struggling Gokaldas has surprised many

Ranju Sarkar  |  New Delhi 

Last week, when Mathew Cyriac and his associates bought out Blakstone’s 40 per cent stake in apparel exporter Gokaldas Exports, which triggered an open offer, the news almost went unreported. Almost all newspapers missed it. One explanation could be that exchanges were informed on Saturday. Yet, few followed it up on a deal involving a major private equity firm. The second explanation is neither Blackstone nor Mathew wants to talk about a deal that saw the private equity (PE) firm exit with a big haircut. Cyriac was co-head of Blackstone’s private equity business ...

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The inveterate risk-taker - Mathew Cyriac

His buyout of Blackstone's stake in struggling Gokaldas has surprised many

His buyout of Blackstone's stake in struggling Gokaldas has surprised many Last week, when Mathew Cyriac and his associates bought out Blakstone’s 40 per cent stake in apparel exporter Gokaldas Exports, which triggered an open offer, the news almost went unreported. Almost all newspapers missed it. One explanation could be that exchanges were informed on Saturday. Yet, few followed it up on a deal involving a major private equity firm. The second explanation is neither Blackstone nor Mathew wants to talk about a deal that saw the private equity (PE) firm exit with a big haircut. Cyriac was co-head of Blackstone’s private equity business ... image
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