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Posted on: Sept. 28, 2018, 7:31 p.m.
Negotiations around Shriram Group have been held up in part by the market turmoil after the default of IL&FS. : KKR & Co. and Blackstone Group LP are among suitors that have expressed interest in acquiring a stake in Shriram Group, the Indian finance conglomerate backed by billionaire Ajay Piramal, people with knowledge of the matter said. The two private equity firms have each held preliminary talks in recent months about buying stakes in Chennai-based Shriram Group owned by Piramal ... Full investment news articleRelevent to this post: Actis LLP Michigan State University Office of Investments,