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By EquityPandit
Lone Star Funds, an American private equity firm and India’s infrastructure financing company IL&FS will be jointly investing $550 million in stressed infrastructure projects in India.
IL&FS (infrastructure leasing and financial services) has said in a statement that “The collaboration will have an investment capital pool of USD 550 million, which could result in asset purchases of up to USD 2.5 billion.”
Read EquityPandit’s Technical Analysis of Indian Stock Market
