India: TPG Capital, Blackstone vie for Kirloskar Oil Engines

India: TPG Capital, Blackstone vie for Kirloskar Oil Engines

Blackstone Group LP headquarters stands in New York, U.S., on Friday, April 14, 2017. Photograph: Victor J. Blue/Bloomberg

Global private equity funds Blackstone Group Lp and TPG Capital are in separate discussions to acquire a controlling stake in Kirloskar Oil Engines Ltd, two people aware of the development said.

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