Brief: JSW Infrastructure Signed A Non-Binding Memorandum Of Understanding
May 23 (Reuters) - JSW Infrastructure Ltd JSWN.NS :
* SIGNED A NON-BINDING MEMORANDUM OF UNDERSTANDING
* AGREEMENT WITH A.P. MØLLER CAPITAL
* INTENT IS FOR EACH PARTY TO INVEST SIGNIFICANTLY IN
PLATFORM
* TO EXPLORE POSSIBILITY OF COLLABORATING IN PORT RELATED
INFRASTRUCTURE SECTOR
* ENDEAVOUR IS TO WORK TOGETHER TO FORM PLATFORM IN FORM OF
INCORPORATED JOINT-VENTURE
* PLATFORM WILL BE HELD 51% BY CO, 49% BY APMC
Source text for Eikon: ID:nBSE9YnGjy
Further company coverage: JSWN.NS
((Reuters.Briefs@thomsonreuters.com;))
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