TPG nears $100 million deal with Shriram Properties
TPG Capital is reportedly set to invest $100 million for a nearly 25% stake in Shriram Properties, an Indian asset with an estimated value of more than $400 million.
Shriram Properties, a division of financial services network Shriram Group, will be some 22-24% owned by TPG if the deal progresses. Reports note that negotiations are in their final stages, and the funding...
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