Tuesday, July 11, 2023

BANKING

The Hinduja family is reportedly exploring raising up to $1bn to fund its acquisition of Reliance Capital, for which it is the preferred bidder. The financing timeline could take between three and six months, depending on legal issues and court approvals for the acquisition, and the final list of financiers could change, sources said.

from Banking/Finance-Industry-Economic Times https://ift.tt/HzRns5P
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