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Blackstone in talks to buy controlling stake in JK Files

By Shruti Ambavat

  • 20 Oct 2014
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Blackstone in talks to buy controlling stake in JK Files

Global private equity player Blackstone is in discussions with Raymond's engineering arm JK Files (India) Ltd for picking a controlling stake, sources informed VCCircle. There is likely to be another strategic investor along with the PE firm for this transaction.JK Files, engaged in manufacturing files and drilling equipment, is a ......

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