India: IDFC Alternatives buys 33% in NSR-backed Ascend Telecom

India: IDFC Alternatives buys 33% in NSR-backed Ascend Telecom

IDFC Alternatives, the private equity (PE) arm of IDFC group, has bought a 33% stake in New Silk Route (NSR)-backed telecom tower company Ascend Telecom Infrastructure Pvt. Ltd, two people involved in the transaction said.

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