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Morgan Stanley In Talks For Lanco Infratech Ltd's Thermal Assets Stake-Mint
Mint reported that Morgan Stanley is in talks to acquire a stake in Lanco Infratech Ltd's thermal power business at a time when India's electricity producers are struggling with fuel shortages and cost increases. The potential sale would help the Gurgaon-based infrastructure company, which also has interests in coal, roads, hydropower and wind power, to raise capital and fund its other businesses.
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