Business, Logistics
Blackstone Nears Deal to Invest in Warehousing in India
Blackstone Group Inc. has agreed to buy a stake in the warehousing unit of India’s Allcargo Logistics Ltd. for $54 million (3.8 billion rupees) as the U.S. firm seeks to capture the demand in the world’s fastest growing e-commerce market.
Baiju Kalesh and P R Sanjai | Bloomberg News
January 13, 2020Follow Us
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