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IDFC Alternatives, IL&FS PE exiting Maharashtra Natural Gas with 3.8x

By Anuradha Verma

  • 05 Aug 2014
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IDFC Alternatives, IL&FS PE exiting Maharashtra Natural Gas with 3.8x

Indraprastha Gas Limited (IGL) has struck a deal to acquire up to 50 per cent stake in Maharashtra Natural Gas Limited (MNGL), promoted by India’s two state-controlled oil & gas majors – GAIL (India) Ltd and Bharat Petroleum Corporation Ltd (BPCL), according to a stock market disclosure.IGL will acquire 50 ......

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