The Benettons sold 5% of a vehicle called ConnecT which holds 29.9% of Cellnex, with 2.5% going to each fund.
This is CVC Funds’ first major investment in the Gulf.
This fresh tranche follows the previous funding round of $495 million in June by the sovereign wealth funds in Greenko to build power storage projects
If the deal fructifies, Utico will invest as much as S$400 million in the embattled water treatment company.
Ascendas India Trust had in November 2017 acquired six operating warehouses for $83 million.
The two investors have also agreed to buy an additional 14 hectares of land for the estate.
Called SPACE-F, the programme aims to build a sustainable ecosystem to nurture foodtech startups in Thailand.
Dhar has decided to leave the company to set up his own startup.
The freight and logistics startup had closed a $5-million Series A round last year.
The four proposals were from local firms who offered to either buy a stake in the flag carrier or to manage it.
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