India's PE-backed Muthoot files for IPO
Indian microfinance services provider Muthoot Microfin, part of the Muthoot Pappachan Group, has filed for an IPO that will provide a partial exit for several investors, including US private equity firm Creation Investments.
The offering will comprise a fresh issue of shares aggregating INR5 billion ($73 million) along with up to 16 million shares held by existing investors, including 1.9 million shares from Creation. Pricing...
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