Buyout group EQT is a leading contender to acquire Aavas Financiers, with a 51% stake sale worth around Rs 6,976 crore.
Buyout group EQT is a top contender to acquire affordable housing finance company Aavas Financiers, as promoters Kedaara Capital and Partners Group look to exit their joint investment. EQT is competing with CVC Capital Partners and Bain Capital for the deal, expected to be finalized in early August. If successful, the 51% stake sale would be the largest in the sector, valued at around Rs 6,976 crore.
July 29, 2024
3 Articles