Eton Park to buy stake in JSW Infra
JSW Infra is in the process of investing Rs 10,000 crores in building 5-6 ports in the next 10 years, company officials had earlier said.
By Nisha Poddar, 
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| MUMBAI: Sajjan Jindal's wholly owned company, JSW Infrastructure which manages ports and logistics is close to selling 10% stake in the company to Eton Park for $125 million, sources with direct knowledge of the deal said.
JSW Infra is in the process of investing Rs 10,000 crores in building 5-6 ports in the next 10 years, company officials had earlier said. 75% of the total investment was to be raised via debt and the rest by equity investments. Eton Park investments are expected to be utilized for the expansion projects of the company.
JSW Ifra declined to give any comment on the development.
JSW Infra is in the process of investing Rs 10,000 crores in building 5-6 ports in the next 10 years, company officials had earlier said. 75% of the total investment was to be raised via debt and the rest by equity investments. Eton Park investments are expected to be utilized for the expansion projects of the company.
JSW Ifra declined to give any comment on the development.
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