GIC-backed firm nears LSE debut
GIC-backed Ballarpur Industries, touted as India’s largest paper producer, is set to launch its overseas division Bilt Paper on the London Stock Exchange, targeting $330 million.
The capital will reportedly be used to fund its expansion ambitions, as well as cut down its debt load by as much as $140 million. Ballarpur Industries, which is a subsidiary of entrepreneur Gautam Thapar's...
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