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Allcargo Logistics

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  1. 2020

    Allcargo Logistics approves warehousing transaction with Blackstone

    Allcargo Logistics approved definitive transaction documents with a Blackstone-controlled entity for the transfer of part of its warehousing business. Blackstone will invest up to Rs. 380 crore in the company's subsidiaries, and the parties propose further investment in industrial and logistics parks in India. The transaction is expected to conclude in phases over the next 12 months, subject to conditions and milestones.

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