Warburg Pincus increases stake in Future Capital to 68.4%
Warburg Pincus has increased its stake in India financial services firm Future Capital Holdings to 68.4% after acquiring an additional 24.43% stake for INR2.7billion.
According to regulatory filing, between October 5 and October 18, Warburg Pincus made an open offer for a 26% stake in Future Capital at INR162 per share. Kotak Mahindra Capital was the manager for the...
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