Blackstone and Temasek in talks to buy stake in Wonder Cement

Blackstone Group and Temasek Holdings are in talks to buy a 15-20% stake in Wonder Cement for Rs 10 billion. The funds would be used to increase capacity from 6.75 mtpa to 11 mtpa by FY2019.

“Blackstone Group and Temasek Holdings are in talks to buy 15-20 per cent stake in Wonder Cement”constructionworld.in

• 1 source
• constructionworld.inBlackstone, Temasek may acquire Wonder Cement stakesDec 1, 2018

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