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Troubled IL&FS invites bids for control of road repair unit in Vietnam

By Beena Parmar

  • 19 Mar 2021
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Troubled IL&FS invites bids for control of road repair unit in Vietnam
Credit: Reuters

Debt laden Infrastructure Leasing and Financial Services (IL&FS) Ltd has invited bids for Singaporean unit’s controlling stake in a Vietnamese joint venture.  “Interested applicants are invited for a potential acquisition of ITNL International Pte Ltd’s (IIPL) 65% stake in Elsamex Vietnam JSC,” the company said in a public notice.  Based out of ......

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