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Future Logistics to raise $40 m through private placement

Published on Tue, Jul 01, 2008 at 18:27 , Updated at Tue, Jul 01, 2008 at 18:30
Source : CNBC-TV18

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Future Logistics is looking to raise USD 30-40 million through private placement, reports CNBC-TV18. The company has spoken to 7-8 private equity companies and will raise funds from 2-3 PE players collectively. The equity dilution is for investment plans.

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