CCI approves Warburg Pincus' Rs 4,630-crore acquisition of Shriram Finance's housing finance arm.

CCI approves Warburg Pincus' Rs 4,630-crore acquisition of Shriram Finance's housing finance arm, Shriram Housing Finance. The deal, to be completed by Warburg Pincus' affiliate Mango Crest Investment, will increase competition in the Indian housing finance sector. Additionally, Warburg Pincus is committed to investing an extra Rs 1,000 crore in Shriram Housing Finance post-deal closure.

August 20, 2024
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