Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
TPG Capital nears buying 30-40% of India’s IIFL Capital, possibly becoming its largest shareholder in a deal up to ₹8,000 crore.
TPG Capital is close to acquiring a 30-40% stake in India’s IIFL Capital Services, potentially becoming its largest shareholder, in a deal that could reach up to ₹8,000 crore if an open offer is fully subscribed.
The investment, valued between ₹3,635.7 crore and ₹4,847.6 crore, reflects growing global interest in India’s wealth management sector.
IIFL, formerly IIFL Securities, has rebranded to focus on full-service wealth management, expanding its network and hiring senior talent from global banks.
It serves over 457,000 clients, generates most of its revenue from broking and margin trading, and has a market value of ₹12,119.18 crore.
The deal aligns with TPG’s strategy to invest in high-growth Asian financial services firms.
TPG Capital está a punto de comprar el 30-40% de IIFL Capital de India, posiblemente convirtiéndose en su mayor accionista en un acuerdo de hasta ₹ 8,000 crores.