India: Blackstone, Temasek eye Wonder Cement stake; IDFC sells loans worth $324m

India: Blackstone, Temasek eye Wonder Cement stake; IDFC sells loans worth $324m

Photo: Bloomberg

Blackstone and Temasek are in talks to acquire a stake in Wonder Cement, while IDFC has sold loans worth $324 million at a loss of 75 per cent on the exposure.

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