Brookfield buys into Everstone’s India NBFC
Brookfield Asset Management has offered to buy up to 40% of IndoStar Capital, an Indian non-banking financial company (NBFC) established by Everstone Group, for INR14.5 billion ($202 million).
Formed in 2011 by Everstone alongside Goldman Sachs and Ashmore Group, IndoStar offers corporate lending, small and medium-sized enterprise (SME) loans, housing loans and commercial vehicle financing....
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