FIATA, old and new This is the period of the year when FIATA Members meet face to face in Zurich at the Headquarters’ session. In 2021 the format had to change due to the pandemic, so the novel FIATA WEEK meeting ran for all registered Members swiftly and flawlessly: on-line only, a useful time to see old friends and listen to old and new topics that are central for FIATA and the entire forwarding sector. Those who wish to read more on the event can consult the Press Release published by the Secretariat.
The Founder in 1807 Was Also Called Francesco
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Présidentielle à Djibouti : ce micro-Etat que les grandes puissances s arrachent
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Debt-Ridden IL&FS Raises Funds By Selling 49 Per Cent Stake In Chinese Chongquing Yuhe Expressway
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India: Debt-ridden IL&FS completes stake sale in China road asset
Photo: Reuters
April 2, 2021
Debt-ridden Infrastructure Leasing and Financial Services (IL&FS) has completed 49% stake sale in its Chinese road asset – Chongqing Yuhe Expressway Co Ltd (CYEC), the company said on Thursday.
The stake is sold to China Merchants & Pingan Infrastructure Phase 1 Equity Investment Fund (Tianjin) Co Ltd (Pingan), a fund jointly owned by Pingan Insurance and China Merchants.
This is the largest transaction for IL&FS since the sale of its wind energy assets to Orix and will help the group address ₹2,600 crore of its overall debt of close to ₹99,000 crore (as of October 2018).