Essar Said to Be in Asset Sale Spat With IDFC Private Equity

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  • Power arm in arbitration over disagreements on Vadinar sale
  • Indian conglomerate seeks to cut debt after $18 billion spree

Essar Group, the Indian conglomerate grappling with debt after an $18 billion spending spree, is in the midst of a dispute with IDFC Ltd.’s private-equity arm that could delay planned asset sales, people with knowledge of the matter said.

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