Friday 20 July 2012

Japan's Kintetsu World Express invests Rs 267.7 crore in joint venture with Gati for 30% holding

HYDERABAD: Japanese logistics giant Kintetsu World Express (KWE) said on Thursday announced investing Rs 267.7 crore to pick up 30% equity holding in a joint venture with the Hyderabad-based express distribution and supply chain solutions firmGati Ltd. The Japanese firm had in February agreed to join Gati's business and acquire stake in the JV.
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http://economictimes.indiatimes.com/news/news-by-industry/transportation/shipping-/-transport/japans-kintetsu-world-express-invests-rs-267-7-crore-in-joint-venture-with-gati-for-30-holding/articleshow/14464602.cms

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