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Sovereign Wealth Funds Briefing - Categorized | People

Khazanah seen as frontrunner to purchase Bangalore-based

Posted on 08 August 2013

Khazanah Nasional Bhd, is said to be the frontrunner to buy Bangalore-based, GMR Infrastructure’s, four road assets. It was reported that GMR plans to sell these assets for around Rs1,500 crore to Rs2,000 crore (RM789mil to RM1.05bil) to ease the firm’s liquidity pressure and to pare down debts.
Earlier reports said Pochanpalli Expressways, Ulundurpet Expressways, Hyderabad-Vijaywada and Hungund Hospet as the assets on the table………………………………………..Full Article: Source


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