Blackstone, Carlyle interested in Reliance Infratel - report
Blackstone Group and The Carlyle Group have jointly expressed interest in bidding for up to 95% of Reliance Communications’ cellular tower business Reliance Infratel, The Times of India reported. It comes one month after the buyout firms were first approached about the sale.
Blackstone and Carlyle may compete against a consortium comprised of Apax Partners - which was also approached last month - and Advent International. Bids for Reliance Infratel, which owns more than 50,000...
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