LONDON: Commodities tycoon Anil Agarwal is planning to invest US$10bil through a new partnership targeting government privatisations in India.
The billionaire is teaming up with London-based Centricus Asset Management Ltd to seek investments in Indian companies offering substantial growth opportunities, according to a statement yesterday. They will look to turn around companies being sold off as part of the country’s 2.1 trillion-rupee (US$29bil) divestment programme.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
