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Gateway Rail Freight to raise Rs 330 crore from PE investors

Gateway Rail Freight, a subsidiary of Mumbai-based Gateway Distriparks, is in the processs of raising around Rs 330 crore from private equity investors. PE firms like The Blackstone Group, India Value Fund, New Silk Route and Temasek Holdings are said to be in the fray to pick up equity stake. Gateway Distriparks closed at Rs 98.05 on the BSE. (ET)

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