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Filing Details
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India’s National Investment and Infrastructure Fund (NIIF) agreed to purchase a stake in DP World's Hindustan Ports Private Limited (HPPL).
The investment marks the single largest transaction by NIIF's master fund.
DP World and India’s National Investment and Infrastructure Fund (NIIF) have announced the broadening of their existing partnership, with NIIF Master Fund investing primary capital of INR 22.5 billion[1] (approximately US$300 million) for a shareholding of approximately 22.5% in Hindustan Ports Private Limited (HPPL), the wholly owned subsidiary of DP World. With this transaction, which ...