• Wed, December 11, 2024

by: The New Indian Express

Shriram Finance concludes sale of housing loan arm

Shriram Finance, the flagship company of the Shriram group, on Wednesday announced the completion of the sale of its entire stake (84.44% of the shar

by: AOL

NFL allows Miami Dolphins and Buffalo Bills to add private equity owners

In a first for the National Football League, two private equity firms, Ares Management and Arctos Partners, have clinched separate deals to buy minority stakes in two franchises. Ares is investing in the Miami Dolphins while Arctos Partners is taking a chunk of the Buffalo Bills.
  • Thu, December 12, 2024

by: The Age

Lord Mayor Nick Reece's almost $1m campaign war chest revealed

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by: Daily Mail

Major national retailer with 850 stores mulls bankruptcy - prompting fears of mass closures

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by: The Fresno Bee

Ex-congressman TJ Cox will plead guilty to federal fraud charges, his attorney says

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by: Sydney Morning Herald

ASX set to rise as Wall Street gets inflation bump

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by: Buffalo News

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by: Bloomberg L.P.

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by: https//businessofhome.com

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by: 9NEWS

Someone withdrew $420 from her account, but the bank refused to call it fraud

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by: The Hindu

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by: Cyprus Mail

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by: Beef Central

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by: The Rolla Daily News

Business Finance Brokers vs. Banks: Which Option Is Best for Your Business?

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by: India TV

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by: The Scotsman

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by: Business Insider

20 books that Elon Musk, Jeff Bezos, and Bill Gates recommend you read

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by: Outlookindia

Leadership Success Story Of Venkata Reddy Thummala's Workday Finance Transformation

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by: Business Line

Zoho Finance and Operations suite sees 50% revenue growth in India

by: devdiscourse

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by: Business Insider

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by: Business Standard

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by: Arabian Business

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by: The Daily Star

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by: businesstech.co.za

Trouble brewing at SA's borders, and big step forward for rail in Cape Town

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by: NOLA.com

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by: Business Line

Mahindra Susten's Martial Solen secures ?1,448 crore loan

by: The Hindu

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by: Seeking Alpha

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by: Arabian Business

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by: Business Standard

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by: Seeking Alpha

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by: MSN

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by: MSN

Elon Musk's net worth now more than Jeff Bezos and Bill Gates combined

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by: MSN

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by: MSN

Indian retailers state that introduction of a 35% GST slab and pricing-based rate structure will have adverse impact

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by: MSN

Lonza to exit capsules and health ingredients business, focus on contract development

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by: MSN

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by: MSN

San Bernardino's "Paintbrush Program" seeks to beautify storefronts and develop small business

Businesses can earn either $10k or $20k to improve their businesses' exterior appearance thanks to the "Paintbrush Program."

by: MSN

5 signs you're investing too much money, even when the stock market soars

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Shriram Finance concludes sale of housing loan arm

Shriram Finance, the flagship company of the Shriram group, on Wednesday announced the completion of the sale of its entire stake (84.44% of the shar
Shriram Finance has successfully completed the sale of its housing finance subsidiary, Shriram Housing Finance Limited (SHFL), to Warburg Pincus for an enterprise value of Rs 4,630 crore. The transaction, which was first announced in May, involved the sale of SHFL to Mango Crest Investment Ltd, a Warburg Pincus affiliate. This move is part of Shriram Finance's strategy to streamline its operations and focus on its core business areas. The sale was executed through a combination of share purchase and subscription agreements, with the deal being finalized on December 12, 2024. This divestiture allows Shriram Finance to concentrate on its primary financial services while providing SHFL with new growth opportunities under Warburg Pincus's management.

Read the Full The New Indian Express Article at:
https://www.newindianexpress.com/business/2024/Dec/12/shriram-finance-concludes-sale-of-housing-loan-arm

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