Sequoia, Baring in talks to sell Coastal Projects
India’s Coastal Projects, which is backed by Sequoia Capital and Baring Private Equity Asia among others, is reportedly in talks with German firm Hochtief about a possible sale of the business.
Fidelity Investment Management and Deutsche Bank are the other investors negotiating to sell a majority stake in the Hyderabad-based construction services firm to the German conglomerate, which owns the...
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