Warburg’s Future Capital offer faces delays
Warburg Pincus’ offer to buy a 26% stake in India's Future Capital Holdings (FCH), the financial services unit of the Future Group, has been delayed despite reports that the $100-125 million deal was finalized last month.
The US private equity firm's open offer to FCH's public shareholders has been put back while the relevant parties obtain the necessary regulatory approvals. The open-offer period had been tentatively programmed...
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