Thursday, January 2, 2020

IOC plans to monetise its assets through SPVs, arms

India’s largest oil refiner and fuel retailer, IOC, is looking at monetising its pipelines and storage infrastructure. The plan is to create special purpose vehicles (SPVs) or subsidiaries to tap private equity and venture capital funds to maximise utilisation of assets, and lock in future revenue.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2QkKtMP

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