*http://www.bloomberg.com/apps/news?pid=20601091&sid=a6nepbA_6iUc *
*Blackstone GPV Capital Partners (Mauritius) V-H Ltd. will spend 3 billion rupees ($64 million) to buy a 37.5% stake in Gateway Rail Freight Ltd., a unit of Gateway Distriparks Ltd., an Indian shipping-logistics provider, according to a statement sent by Gateway Distriparks to the Bombay Stock Exchange. * * ** http://akprabhakar.blogspot.com/2009/09/gdl-gateway-distripark-ltd-rs114.html Posted on Wednesday, September 16, 2009--GDL =GATEWAY DISTRIPARK LTD (Rs.114)* ** *Nov. 9 (Bloomberg) -- Blackstone Group LP<http://www.bloomberg.com/apps/quote?ticker=BX%3AUS>, the world’s largest private-equity company, acquired a stake in an Indian rail freight mover to tap increased movement of goods as growth in Asia’s third-largest economy accelerates. * *Blackstone GPV Capital Partners (Mauritius) V-H Ltd. will spend 3 billion rupees ($64 million) to buy a 37.5 percent stake in Gateway Rail Freight Ltd., a unit of Gateway Distriparks Ltd.<http://www.bloomberg.com/apps/quote?ticker=GDPL%3AIN>, an Indian shipping-logistics provider, according to a statement sent by Gateway Distriparks to the Bombay Stock Exchange. * *Blackstone and Warren Buffett’s Berkshire Hathaway Inc. are investing in rail freight providers as railroads become more competitive amid rising fuel prices. Blackstone’s latest purchase is the leveraged buyout fund’s second announced investment in an Indian logistic company in two months. * *“There is a rising trend of containerization in India,” Akhil Gupta<http://search.bloomberg.com/search?q=Akhil+Gupta&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>, Blackstone’s India chairman, told reporters in New Delhi today. “For the long haul, rail is always more competitive and economical than road.” * *Gateway Distriparks <http://www.bloomberg.com/apps/quote?ticker=GDPL%3AIN>fell 2 percent to 130.15 rupees after gaining 10 percent on Nov. 6. Crude oil for December delivery rose as much as 2 percent to $78.95 a barrel in electronic trading on the New York Mercantile Exchange. * *Gateway Rail will issue preference shares that will entitle Blackstone to acquire as much as 49.9 percent in the freight provider, Gateway Distriparks said the statement. In September, Blackstone raised its stake in Allcargo Global Logistics Ltd., a full-service logistics company, to 14.99 percent. * *Prime Minister Manmohan Singh, who won a second consecutive five-year term in May, has said the government will spend more on public works to boost the $1.2 trillion economy. The government estimates infrastructure spending at $50 billion in five years to 2012. * *Regards* *A.K.Prabhakar* * * *Equity Analyst * *[email protected]* *[email protected]*** *Disclaimer:*** *This represents views based purely on Technical studies. The information and views presented in this report are prepared by A K Prabhakar. The information contained herein is based on my analysis of the Charts and up on sources that I consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither A K Prabhakar nor any person connected with him accepts any liability arising from the use of this information and views mentioned in this document.* *A K Prabhakar and his affiliates may hold long or short positions in the above-mentioned companies from time to time. The report is intended for a restricted audience and I am not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities. * -- A.K.Prabhakar --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
