GDF International, France’s multi-national gas distribution and marketing company, is looking to sell its entire 10% stake worth $512 million (Rs 3,300 crore) in Petronet LNG India’s largest LNG terminal operator, through a block trade on Thursday, according to a term sheet seen by ET.
Investment bankers JP Morgan and Citigroup have got the mandate to arrange for buyers. Read More…
Credit By: The Economic Times
Latest posts by The Economic Times (see all)
- CPPIB To Acquire ADB’s 6.3 Per Cent Stake In ReNew Power – January 23, 2018
- Oil Ministry Seeks Cut In Excise Duty On Petrol, Diesel In Budget – January 23, 2018
- India To Showcase Oil Reforms At Global Energy Meet In April – January 23, 2018