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Business / Energy Energy

India’s Birla Taps MUFG for $1.5 Billion to Fund Shell Asset Buy

Source: bloombergMarkets July 14, 2026 · 02:03
A unit of billionaire Kumar Mangalam Birla’s conglomerate has lined up around $1.5 billion of acquisition financing from Mitsubishi UFJ Financial Group Inc. to fund its purchase of Shell Plc’s renewable energy assets in the country, according to people familiar with the matter.
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