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Temasek exits Ashok Leyland with high IRR

By TEAM VCC

  • 12 Sep 2014

Temasek, one of the two sovereign wealth funds of Singapore, has made a quick churn of its investment from Ashok Leyland, the country's second-largest commercial vehicles maker with juicy internal rate of return (IRR).Temasek had put in around Rs 100 crore (around $18 million) to build 1.74 per cent stake ......

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