Aditya Birla arm seeks $1.5 billion in rupee loans to buy Shell arm Solenergi, bankers say

Aditya Birla Renewables is aiming to secure $1.5 billion in rupee-denominated loans for an acquisition. The company plans to acquire Shell Plc’s Indian renewable energy arm for $1.8 billion. Previously, it had obtained a $1.6 billion bridge loan commitment for this purpose. The firm is now pursuing…

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