Diageo to Qatar Pouncing on India as Debt Woes Weigh on Sellers - Bloomberg:
"India’s economy is growing at the slowest pace in a decade, companies are burdened by record debt and governance is so bad that even local cement billionaire Kumar Mangalam Birla is reluctant to invest in the country.
Yet some foreign entities, from Diageo Plc (DGE) to Qatar’s government, are undaunted, finding buying opportunities as Indian firms look to shed assets to free up cash."
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