Blackstone Inc. will acquire a 15.57% stake in mid-sized Indian shadow lender IIFL Finance Ltd. for about 50 billion rupees ($532 million), deepening its push into the country’s financial sector as global investors increasingly seek exposure to its fast-growing economy.
Blackstone Inc. will acquire a 15.57% stake in mid-sized Indian shadow lender IIFL Finance Ltd. for about 50 billion rupees ($532 million), deepening its push into the country’s financial sector as global investors increasingly seek exposure to its fast-growing economy.
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