{"id":351,"date":"2010-03-05T00:00:00","date_gmt":"2010-03-05T00:00:00","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=351"},"modified":"2012-07-24T09:52:35","modified_gmt":"2012-07-24T09:52:35","slug":"tpg-eyes-vishal-retail-takeover","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/tpg-eyes-vishal-retail-takeover\/","title":{"rendered":"TPG eyes Vishal Retail takeover"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2010\/03\/TPG-300x129.jpg\" alt=\"TPG\" title=\"TPG\" width=\"300\" height=\"129\" class=\"alignleft size-medium wp-image-1010\" srcset=\"https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2010\/03\/TPG-300x129.jpg 300w, https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2010\/03\/TPG.jpg 325w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Private equity firm TPG is eyeing a majority stake in crisis-hit Vishal Retail. TPG has given a proposal to the corporate debt restructuring (CDR) committee of Vishal Retail to infuse Rs 250 crore into the company to buy out the promoter&#8217;s (RC Agarwal) stake. <\/p>\n<p>TPG\ufffds proposal would be considered later, it is learnt, where a change in management would also be discussed.<\/p>\n<p>Recently, the Group President Ambeek Khemka &#8211; who was spearheading the debt restructuring move \ufffd quit owing to differences with the promoters and sources said the only way out for the retailer would be the promoter selling his stake.<\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Ftpg-eyes-vishal-retail-takeover%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"excerpt":{"rendered":"<p>Private equity firm TPG is eyeing a majority stake in crisis-hit Vishal Retail.<\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Ftpg-eyes-vishal-retail-takeover%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[484,485],"class_list":["post-351","post","type-post","status-publish","format-standard","hentry","category-retail-news","tag-tpg","tag-vishal-retail","entry"],"_links":{"self":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/comments?post=351"}],"version-history":[{"count":1,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/351\/revisions"}],"predecessor-version":[{"id":1009,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/351\/revisions\/1009"}],"wp:attachment":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/media?parent=351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/categories?post=351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/tags?post=351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}