Indian conglomerate GVK sells a 33% stake to reduce debt
The investment from Fairfax will reduce INR 2000 crore of GVK’s debt burden and save the interest cost to around INR 300 crore per annum.
The investment from Fairfax will reduce INR 2000 crore of GVK’s debt burden and save the interest cost to around INR 300 crore per annum.
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