India: Krishnapatnam Port promoters seek to buy out 3i Group’s stake

India: Krishnapatnam Port promoters seek to buy out 3i Group’s stake

Photo: Livemint

Promoters of Krishnapatnam Port Co. Ltd (KPCL)have approached potential investors to raise up to Rs1,500 crore in structured debt to buy out the stake held by private equity fund 3i Group Plc, two people aware of the development said.

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