Rosneft 's $ 13-billion acquisition of India 's United Capital Partners may be delayed beyond its 31 March deadline and complete in "the upcoming few weeks", as requisite approvals are sought. The deal is the largest foreign direct investment in India to date, and will give Rosneft a 49% stake in Trafigura , while a consortium made up of oil trading firm Trafigura and private investment group United Capital Partners will share 49% . At the same time, bankers said, private equity firm Farallon Capital’s plan to pick a 26% stake in Essar Steel ... The deal includes the additional $ 2bn acquisition of Vadinar Port .
Rosneft 's $ 13-billion acquisition of India 's United Capital Partners may be delayed beyond its 31 March deadline and complete in "the upcoming few weeks", as requisite approvals are sought. The deal is the largest foreign direct investment in India to date, and will give Rosneft a 49% stake in Trafigura , while a consortium made up of oil trading firm Trafigura and private investment group United Capital Partners will share 49% . The deal includes the additional $ 2bn acquisition of Vadinar Port .