Actis part exits India's IDFC for $17m
Actis Capital has exited most of its stake in Indian infrastructure finance lender Infrastructure Development Finance Company (IDFC) for INR1.1 billion ($16.9 million).
The private equity firm sold about 21 million shares of IDFC in an open market transaction at INR53.15 each, a slight premium to the previous day’s closing price of INR52.75. The buyers were not identified....
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