x

Anil Agarwal, Centricus to invest $10 billion targeting government privatizations

Shortpedia

Content Team
Image Credit: shortpedia

Commodities tycoon Anil Agarwal is reportedly planning to invest $10 billion through a new partnership with London-based Centricus Asset Management Ltd. targeting government privatizations. According to Bloomberg, the partnership will seek investments in Indian companies offering substantial growth opportunities. They plan to turn around companies being sold off as part of the government's Rs. 2.1 trillion divestment program.