Arshiya Rail mulls 18% stake sale to buyout firms

Indian container rail service provider Arshiya Rail Infrastructure is in discussions with unidentified private equity firms to sell an up to 18 percent stake in itself for INR 1 billion ($20.5 million). Private equity groups with active Indian infrastructure funds include 3i and Macquarie Group. A subsidiary of global logistics group Arshiya International, Arshiya Rail will use […]