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Allcargo Logistics in talks to acquire stake in Gati, says report

Updated : September 26, 2019 10:04 AM IST

Allcargo is in discussions to acquire Gati at an equity valuation of about Rs 1,300 crore.
Goldman Sachs Group has a six percent share in Gati.
While Gati has managed to get approval for the proposed sale it is yet to be approved by the Allcargo’s board.
Allcargo Logistics in talks to acquire stake in Gati, says report

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