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Mergers & Acquisitions | 12 April 2012

Trafigura To Invest $130 Mn In Nagarjuna Oil

by Charmi Gutka
Trafigura To Invest $130 Mn In Nagarjuna Oil
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Trafigura is investing $250 Mn in @Nagarjuna_Oil Limited.

Of the total investment, $130 Mn will be invested as equity, while the rest will be invested for developing storage facility.

The new refinery and storage project will be located on the east coast of India, and will be able to receive supertankers, which typically can load up to 2 million barrels of oil.

India Hospitality Group Acquires Adelie Food Group

India Hospitality Group Acquires Adelie Food Group

India Hospitality Corp has acquired UK based Adelie Food Group from Duke Street Capital.

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Navayuga Plan To Sell Stake In Its Power Assets

Navayuga Plan To Sell Stake In Its Power Assets

Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.

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