Blackstone Weighs Buying Stake in IIFL Finance as Fairfax Exits
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Blackstone Inc. is among global investment firms in the fray to buy a stake in mid-sized Indian shadow lender IIFL Finance Ltd. just as Fairfax Financial Holdings Ltd. looks to exit from the company.
This move comes amid ongoing interest in the Indian financial sector, highlighting the competitive landscape for investments in shadow lenders.
BlackstoneIIFL FinanceFairfax Financial
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