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Saudi-based ICD halts plan for $1b infrastructure fund with IL&FS' PE arm

Saudi-based ICD halts plan for $1b infrastructure fund with IL&FS' PE arm

Photo: Reuters

Bernardo Vizcaino

15 October, 2018

The Saudi-based Islamic Corporation for the Development of the Private Sector (ICD) said on Monday it had halted plans for a $1 billion fund with Infrastructure Leasing and Financial Services Group (IL&FS) while the Indian firm undergoes a restructuring.

Printed by Unregistered user on Fri, 26 Apr 2024 05:23:56 GMT

ICD IL&FS Infrastructure Leasing and Financial Services Group Islamic Corporation for the Development of the Private Sector

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