BNP unit picks up 5 pct stake in India's Srei Infra in lieu of JV shares

December 29, 2015 8:39 AM

34 0

MUMBAI Dec 29 India's Srei Infrastructure Finance Ltd said BNP Paribas SA's leasing unit would acquire a 5 percent stake in the company in lieu of 50 percent ownership in an equipment financing joint venture.

Srei Infrastructure operates Srei Equipment Finance Ltd (SEFL) as a joint venture along with BNP Paribas unit BNP Paribas Lease Group.

Also read: T-Mobile taking over Dutch arm of Tele2 mobile provider

Read more

To category page

Loading...