<p>The possible transaction could be India’s largest private-equity deal ever, he said.<br /><br /> It has been quite a while RCOm was looking to sell a stake in unit Reliance Infratel mainly to lower its debt, which has been hurting the company’s performance. In May, the company received many formal indicative offers for the stake sale.</p>
<p>The possible transaction could be India’s largest private-equity deal ever, he said.<br /><br /> It has been quite a while RCOm was looking to sell a stake in unit Reliance Infratel mainly to lower its debt, which has been hurting the company’s performance. In May, the company received many formal indicative offers for the stake sale.</p>