Blackstone invests $100 mln in Indian tractor manufacturer

MUMBAI Mon Oct 8, 2012 2:48am EDT

MUMBAI Oct 8 (Reuters) - The Blackstone Group has invested $100 million for a 12.5 percent stake in India's International Tractors Ltd (ITL), the U.S. private equity company said in a statement on Monday.

ITL, which manufactures tractors, is the flagship company of India's Sonalika Group.

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