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Our Bureau

Mumbai, July 5

New Opportunities I PCC, sponsored by Lehman Brothers, has made an investment of $200 million into DLF Assets Private Ltd (DAPL). Earlier, D E Shaw, the global investment firm has made an investment of $400 million into DLF Assets Private Ltd (DAPL). Both investors get representation on the Board of Directors of DAPL.

DAPL has been set up with the intent of bidding (along with other bidders) in potential assets sales that DLF Ltd may wish to conduct.

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