D E Shaw

Billionaire Mukesh Ambani expected to sign JV with D E Shaw

India's billionaire industrialist, Mukesh Ambani is expected to sign a deal with US-based private equity firm D E Shaw. The deal is going to be that of forming an equal joint venture partnership between the two parties.

Economic Times, a private newspaper first broke this news and cited two people close to the matter as the source of information.

D E Shaw is the PE and hedge fund giant and it is expected that the two are coming together to enter the financial sector, most probably in India.