By Bloomberg News
PM Modi plans to raise about $12 billion in the current year from asset sales.
It will use the money to boost its capital buffers and support its growth plans for several years.
The Thai company has agreed to buy from China’s HNA, NH’s biggest shareholder, a 26.5% stake.
Citing non-fulfillment of conditions, GHL has now picked 6.1% in MPOS Global against the earlier planned 31.6% in a downsized deal.
The offer potentially sets off a three-way struggle for the iron ore miner.
Last year, L Catterton Asia had sold its around 40 per cent stake in Genesis Luxury to Reliance Retail.
This is the second time that JSW Energy has expressed interest in Monnet Power.
The investment is also seen as a move by Razor to deepen its play in the global gaming industry.
The offer of C$6.20 per share was pitched at a 50% premium to Arizona’s last close and implies a total equity value of $1.6 billion
The recent funding brings GAMURS’ total amount raised to date to $5.7 million.