Lone Star, IL&FS partner to invest in stressed infra assets
"Lone Star looks forward to collaborating with IL&FS in reviving Indian infrastructure assets and benefiting from IL&FS' long track record as a successful developer and manager of infrastructure projects in India," Lone Star's president, Asia Pacific, Mark Newman said.
The collaboration could result in asset purchases of up to $2.5 billion, a joint statement said. Photo: Official Website