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Malaysian sovereign wealth fund Khazanah part-exits L&T Finance Holdings

By Bhawna Gupta

  • 27 Apr 2015
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Malaysian sovereign wealth fund Khazanah part-exits L&T Finance Holdings

Khazanah Nasional Berhad (Khazanah), the sovereign wealth fund of the Malaysian government, has part-exited its over three-year-old investment in L&T Finance Holdings Ltd, a subsidiary of business conglomerate Larsen and Toubro Ltd (L&T), by selling half of its holding.The sovereign fund pocketed around Rs 120-130 crore ($19-20 million) and is ......

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