Wed, Nov 26, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Temasek, IDFC Alternatives among others to swap investment worth $183mln in GMR Energy

Posted on 24 February 2014

Singapore’s sovereign wealth fund Temasek, IDFC Alternatives among other private investors in GMR Energy are swapping bulk of their investment in the firm with a stake in the listed parent GMR Infrastructure, as per a stock market disclosure.
This comes at a time when GMR Energy is looking to float an IPO. However, the primary market in the country is not conducive for fresh issues, partly due to outflows from emerging markets. These investors had put in Rs 1,395 crore in GMR Energy through Compulsorily Convertible Preference Shares (CCPS) in 2010………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15264 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930