GIP to increase stake in Madhya Pradesh road project

By Keshav Sunkara

  • 23 Nov 2018
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Credit: Pexels

US-based private equity firm Global Infrastructure Partners is increasing its stake in a Madhya Pradesh road project, in its first known transaction since acquiring the infrastructure funds business of homegrown peer IDFC Alternatives. A GIP-managed fund, the India Infrastructure Fund-II, will buy a 13% stake in Dewas Bhopal Corridor Pvt. Ltd ......

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