BRIEF-Finland's Solidium buys 3 pct stake in Konecranes
* Finnish state-owned investment fund Solidium says it has acquired 3 per cent of shares in Konecranes for 93 million euros
MUMBAI Dec 17 India's Godrej Industries said on Monday Singapore's Temasek will buy 20 percent stake in the former's agriculture business unit for 5.72 billion rupees ($104.86 million) to fund the unit's expansion plans.
This is Temasek's second investment in India's Godrej group this year after it invested $136 million for a 4.9 percent stake in Godrej Consumer Products Ltd early this year.
The agriculture business unit Godrej Agrovet Ltd generated 24.6 billion rupees in sales during the financial year ended March 2012. The company has interests in animal feed, oil palm, agri-inputs and poultry, Godrej Industries said in a statement.
HSBC was the sole adviser to the transaction.
Private equity investments in India have fallen 17 percent this year to about $3.3 billion, according to Thomson Reuters data as lack of returns hampered investment sentiment.
Temasek, which manages about $198 billion globally, has investments in India's top mobile operator Bharti Airtel and No.2 Indian lender ICICI Bank.
($1 = 54.55 rupees) (Reporting by Indulal PM; Editing by G.Ram Mohan)
DUBAI, May 24 Kuwait's Agility, one of the largest Gulf logistics companies, has settled a criminal case involving United States government food-supply contracts that the company held from 2003 to 2010, it said on Wednesday.
* Says Allianz and Capital One are investing tax equity in the recently completed Broadview wind farm