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Vedanta-backed Sterlite Power and GIC formed a joint venture in a $1bn deal.

Synopsis

Vedanta-backed Sterlite Power, a power transmission company, and GIC, a Singaporean sovereign wealth fund, formed a joint venture in a $1bn deal.

Principals

Sterlite Power/ Gic Joint Venture

target

Sterlite Power/ Gic Joint Venture

Sterlite Power

bidder

Sterlite Power

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MergerLinks - Vedanta-backed Sterlite Power and GIC formed a joint venture in a $1bn deal.