Blackstone acquires 15.5% stake in IIFL Finance
IIFL.NS
Statements (6)
- Bullish
Blackstone is investing ₹5,000 crore for a 15.57 per cent stake in IIFL Finance.
- Bullish
IIFL Finance is raising ₹6,414 crore from Blackstone and other investors.
- Neutral
Blackstone affiliate will acquire a 15.57% stake in IIFL Finance.
- Bullish
Blackstone is acquiring 15.5% of IIFL Finance for $532 million in an India-focused investment.
- Neutral
Blackstone is set to become a key investor in IIFL Finance with a 15% stake
- Neutral
IIFL Finance promoters Nirmal Jain and R Venkataraman will invest ₹1,200 crore alongside Blackstone's proposed ₹5,000 crore investment