India: Blackstone may exit auto parts JV Sona Comstar via IPO in two years

SoftBank is expected to pump in about $50-60 million in the round, while the remaining amount is expected to be contributed by smaller investors.

Aakash had filed for an initial public offering last year to raise about Rs 1,000 crore.

Beijing has been speeding up asset disposals at Anbang, previously one of the most aggressive Chinese buyers of foreign assets.

Minibox, founded in 2002, is a provider of personal storage units in Hong Kong.