Blackstone exiting from India auto ancillary portfolio firm
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Blackstone exiting from India auto ancillary portfolio firm

By Ranjani Raghavan

  • 13 Mar 2023
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Blackstone exiting from India auto ancillary portfolio firm
Credit: 123RF.com

Blackstone, the world’s largest alternative asset manager, is selling its remaining stake in Sona BLW Precision Forgings Ltd (Sona Comstar) for $640 million, two people aware of the deal said. The sale of shares through block deals is expected to close on Monday.  Investment bank JM Financial is managing the sale, ......

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