Blackstone to invest up to Rs 380 cr in Allcargo Logistics’ arms

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Global investment firm Blackstone will buy a stake in the Allcargo Logistics' arms engaged in the warehousing business for up to Rs 380 crore, according to a regulatory filing."Blackstone will make an investment in the company's (Allcargo Logistics) subsidiaries through a combination of equity and debentures up to Rs 380 crore," Allcargo Logistics Ltd said in a filing to the…
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