IL&FS gets one offer for back-office arm, seeks more bids

By Beena Parmar

  • 11 Nov 2019
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Credit: Reuters

Infrastructure Leasing & Financial Services Ltd (IL&FS) has received one offer for its stake in a back-office services unit but has invited more bids, as the debt-laden company looks to sell another asset in its quest for revival. IL&FS, whose collapse last year roiled capital markets and triggered a cash crunch ......

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