CDPQ to invest $255m in Edelweiss' India NBFC
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest INR18 billion ($255 million) in ECL Finance, a non-banking finance company (NBFC) owned by India’s Edelweiss Group.
CDPQ will invest across three tranches, with $150 million committed on closing and $50 million at the end of the first and second years after the transaction. According to a regulatory filing, CDPQ will...
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