Loss-making Indian shipbuilder ABG Shipyard could be sold as soon as the end of March as talks continue with domestic and international investors.
CEO Syed Abdi told the Livemint website: “We are looking at diluting stake up to 51%. Investment banking firm SBI Caps is scouting for the investors on behalf of lenders.”
A deal to sell a controlling stake to Abu Dhabi Mar’s Privinvest Holding failed last year.
“We
