15.07.2016 - Temasek not averse to distressed assets in India
Temasek Holdings is open to investing in distressed assets in India either directly or through an asset reconstruction firm, a senior executive has said. Ravi Lambah, however, added that the company has no firm plans to make such investments so far. "We are an equity-only investor. So, if there is a business that could be a non-performing asset... which is outsourced by a bank to an asset reconstruction firm and that needed an equity infusion, we would look at it just as any other investment opportunity," the head for telecom, media and technology at Temasek International said...............................................Full Article: Source
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