| Singapore investment firm Temasek Holdings Pte. Ltd and Canada Pension Plan Investment Board (CPPIB) are among five potential investors in talks with State Bank of India (SBI) and Central Bank of India to buy the Indian lenders’ stakes in Infrastructure Leasing and Financial Services Ltd (IL&FS), two people familiar with the development said.
The stakes in the infrastructure financing firm could be worth at least Rs.1,500 crore in total, said one of the two people, adding that the transaction is likely to be concluded in the next one month. Both spoke on condition of anonymity...............................................Full Article: Source
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