Abu Dhabi's Masdar in talks to buy 35% stake in Hero Future, says report
Updated : January 22, 2019 08:43 AM IST
Munjal family's energy arm has been seeking a strategic investor to help expand the company in the global markets, the report said citing unidentified sources.
Along with Masdar, Malaysia's Petroliam Nasional Berhad (Petronas) and Singapore's Sembcorp are also in separate discussions with Hero Future to buy a minority stake, the paper added.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more