
Macquarie SBI nears Indian port investment - reports
Macquarie SBI Infrastructure Management is considering an INR1,000 ($220 million) investment into an unnamed Indian port manager, the Business Standard reported, which may be completed in the upcoming months from the group's nearly $1.5 billion Macquarie-SBI Infrastructure Fund.
According to the Standard, the negotiations are in their advanced stages. PE infrastructure majors including 3i Group, IDFC Private Equity and IL&FS have also invested in like-sized ports, which are growing...
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