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Suzlon to raise $450 mn through stake sale to PE firms

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  • Published On: December 12, 2008
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India's leading wind turbine manufacturer, Suzlon Energy, has been negotiating with a clutch of private equity funds to sell part of its promoter stake. The Tulsi Tanti-promoted firm had earlier postponed Rs 18,000 crore rights issue which could have been used to part finance Martifer's equity stake in Repower.
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