NIIF, DP World acquire India's PE-backed Continental
India’s National Investment & Infrastructure Fund has acquired a controlling stake in PE-backed logistics player Continental Warehousing Corporation (CWCNSL) in a joint deal with Dubai-based port operator DP World.
Hindustan Infralog, an investment platform established by the firms last year, take a 90% stake in CWCNSL. Exact financial terms have not been disclosed, but in a statement DP World said the total consideration...
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