IL&FS looks to restructure company, may exit project financing, says report
Updated : September 28, 2018 10:14 AM IST
IL&FS’ shareholders may consider to put up some assets of the infrastructure development and finance major for sale as it is facing severe liquidity crunch.
The Piramal Group had made an offer to buy a majority stake in the company few years ago but a consensus could not be reached.
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