Temasek Holdings shortlisted to buy stake in cement maker Lafarge India

Steelguru, 10 Feb 2013
Temasek Holdings, Singapore's sovereign investment fund, and one of Asia's oldest marquee private equity investor Baring Asia are among those shortlisted by French cement multinational Lafarge as potential buyers for a minority stake in its Indian arm Lafarge India.
Temasek and Barings Asia are among the select bulge-bracket names that have made the first cut, said two informed sources. Advent International a US buyout and growth capital focused fund is believed to be in the race along with Standard Chartered Private Equity. Full story