JM BAXI TO RAISE EQUITY INVESTMENT FROM THE CANADA PENSION PLAN INVESTMENT BOARD

Highlights

• Around 1,400 crore will be raised
• The discussion is in the final stage 

Reports suggest that JM Baxi is in the final stages of discussions with the Canada Pension Plan Investment Board (CPPIB). The discussion is to raise 1,400 crore as equity investment. The group houses several businesses such as cold chain storage, managing inland container depots, logistics serv....