Tag: GMR Infrastructure

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GMR to offload road proj

GMR to offload road proj

GMR Infrastructure plans to mop up around $200 million by offloading its road projects to private equity investors.Reports indicate that the company is discussing the sale with the UK based private equity firm 3i Group Plc, IDFC PE and SBI Macquarie.GMR is also looking at an eventual initial public offering of its road assets, reports suggest.

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