
Jacob Ballas injects $38m in Marg Karaikal Port
Private equity firm Jacob Ballas Capital has provided Marg Karaikal Port, a unit of infrastructure and real estate company MARG, with a $38 million cash boost.
The transaction - which sees Jacob Ballas acquire a minority stake - took place via a capital increase and the provision of replacement capital. Karaikal Port will use the new funding to help enhance its...
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