Blackstone Emerges as Frontrunner for L&T Mutual Fund
Signage is displayed outside the Blackstone Group Inc. headquarters in New York, U.S. (Photographer: Mark Abramson/Bloomberg)

Blackstone Emerges as Frontrunner for L&T Mutual Fund

(Bloomberg) -- Blackstone Group Inc. is emerging as the frontrunner to take over Larsen & Toubro Ltd.’s mutual fund arm, in what could be the first entry by a major foreign private equity firm into...
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