Tuesday, August 9, 2022

BANKING

Warburg owns about 80% stake in Avanse. World Bank's arm International Finance Corporation (IFC) owns remaining 20% stake in the non banking finance company. Avendus has been appointed by Warburg Pincus to find potential suitors. A formal process is expected in the coming weeks.

from Banking/Finance-Industry-Economic Times https://ift.tt/h10WF67
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