GTL Infrastructure has received interest from global PE players and asset management firms such as Brookfield, Carlyle, Goldman Sachs and KKR, besides local ones like IDFC and Piramal for selling over 51% by March next year, a move that will lead to change in ownership with exit of promoter Manoj Tirodkar.
People familiar with the matter said the company has entered into non-disclosure agreements with quite a few of the 19 investors keen to buy the stake and is pushing for a valuation of over Rs 15,000 crore for sale. Some have even shown an interest in buying more than 76% stake. At this, the price will be over Rs 9 a share.
