07.11.2012 - Khazanah JV and SBI Macquarie may invest in GMR's road assets
Malaysian sovereign fund Khazanah and SBI Macquarie have emerged as potential investors in Bangalore-based diversified conglomerate GMR Group's road assets. Uniquest Infra Ventures, Khazanah Nasional Berhad's joint venture with IDFC, and SBI Macquarie are likely to pick up minority stakes either in road asset holding company GMR Highways or special purpose vehicles for the road projects, three people close to the transaction said...............................................Full Article: Source
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