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GIC Picks JPMorgan to Advise on $5 Billion Greenko Stake Sale.

Authors :
Kalesh, Baiju
Chew, Elffie
Source :
Bloomberg.com; 12/9/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

GIC Pte is working with JPMorgan Chase & Co. to explore options for selling its 50% stake in India's Greenko Energy Holdings, potentially one of the largest disposals in the country. The Singapore state investor is considering a full or partial sale, with interest already shown by investment funds and strategic firms. Greenko, with backers like ADIA and Orix Corp., may also raise funds for growth, reflecting increased dealmaking activity in India this year. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
181522911