Moneycontrol
Jun 29, 2011 05:55 PM IST | Source: Reuters

Welspun group to get capital infusion of $500m from Apollo

Private equity fund Apollo Global Management will invest about USD 500 million in Indian steel pipe manufacturer Welspun group, in the second biggest private equity investment in India this year as firms take advantage of the rapid growth in Asia’s third largest economy.

Private equity fund Apollo Global Management will invest about USD 500 million in Indian steel pipe manufacturer Welspun group, in the second biggest private equity investment in India this year as firms take advantage of the rapid growth in Asia

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