Supports the growth of CLI’s sponsored trust in its core market India while expanding CLI’s funds under management and fee-related earnings
divestment
Posted inSectors
GMR to divest 30% equity stake in PT GEMS, engaged in coal mining in Indonesia
Divestment to result into strengthening of balance sheet through significant reduction of corporate debt of GPUIL.
Posted inUncategorized
JSPL to divest coal-fired power business to reduce emissions, debt
Accepted a binding offer from Worldone to divest its 96.42% stake