Poonawalla Fincorp to sell housing fin arm to TPG Global for Rs 3,900 crore
Poonawalla Fincorp on Wednesday said it has signed an agreement for the sale of its housing subsidiary Poonawalla Housing Finance to private equity firm TPG Global for Rs 3,900 crore. Value unlocking of the housing finance subsidiary was one of the objectives in the company’s Vision 2025 plan. The company received tremendous response with proposals … Read more