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Srei Infra eyes strategic partners in Russia for $500 million deal: Report

12 Feb 2016 Evaluate

In a bid to acquire VimpleCom’s telecom towers for around $500 million, Srei Infrastructure Finance is reportedly looking for ‘strategic partners’ among Russian companies. The bid will be one of the biggest investments by an Indian company in an overseas asset in recent times. VimpelCom is selling 10,000-12,000 towers in Russia with at least three groups making a bid.

Srei Infrastructure Finance’s businesses include infrastructure equipment leasing and finance, infrastructure project finance, advisory and development, insurance broking, venture capital, capital market and Sahaj e -Village.

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