08.08.2013 - Khazanah seen as frontrunner to purchase Bangalore-based
Khazanah Nasional Bhd, is said to be the frontrunner to buy Bangalore-based, GMR Infrastructureís, 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 firmís 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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