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IL&FS PE sells bulk of its stake in Gujarat Pipavav Port with modest returns

By Madhav A Chanchani

  • 25 Oct 2013

IL&FS Investment Managers (IL&FS PE) has sold almost all its stake in Gujarat Pipavav Port Ltd through a string of deals since April this year, which indicates the private equity firm is on its way to fully exit its eight-year-old investment in the company.On Thursday, it sold 6 million shares ......

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