Goldman Sachs will pick up a 5 per cent stake in IL&FS Transportation Networks Ltd, a subsidiary of Infrastructure Leasing & Financial Services Ltd. Sources said Goldman Sachs would route the investment through its Mauritius-based wholly owned subsidiary — GS Strategic Investment Ltd. GS Strategic Investment will acquire 83.30 lakh shares of IL&FS Transportation, comprising 5.13 per cent of the equity, for Rs 83 crore.
(Source: indiape.com)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment