{"id":597064,"date":"2023-08-10T11:57:59","date_gmt":"2023-08-10T06:27:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=597064"},"modified":"2023-08-10T11:57:59","modified_gmt":"2023-08-10T06:27:59","slug":"osaka-gas-sumitomo-near-deal-for-think-gas-stake-sources-say","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/osaka-gas-sumitomo-near-deal-for-think-gas-stake-sources-say\/","title":{"rendered":"Osaka Gas, Sumitomo near deal for Think Gas stake, sources say"},"content":{"rendered":"<p>Osaka Gas Co. and Sumitomo Corp. are nearing a deal to buy about a 30% stake in Think Gas Distribution Pvt. that could value the Indian natural gas supplier at as much as $1.5 billion, according to people familiar with the matter.<\/p>\n<p>The consortium of Japanese firms may reach an agreement with Think Gas\u2019s backer I Squared Capital as soon as September, said the people, who asked not to be identified as the information is confidential. Bloomberg News reported in March that the private equity firm was working with an adviser on a potential sale of as much as 30% of Think Gas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Osaka Gas Co. and Sumitomo Corp. are nearing a deal to buy about a 30% stake in Think Gas Distribution Pvt. that could value the Indian natural gas supplier at as much as $1.5 billion, according to people familiar with the matter. The consortium of Japanese firms may reach an agreement with Think Gas\u2019s backer I Squared Capital as soon as September, said the people, who asked not to be identified as the information is confidential. Bloomberg News reported in March that the private equity firm was working with an adviser on a potential sale of as much as 30% [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-597064","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/597064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=597064"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/597064\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=597064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=597064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=597064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}