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Warburg Pincus' $579-million acquisition of Indian housing-finance company requires antitrust clearance

By Freny Patel ( May 14, 2024, 07:33 GMT | Insight) -- US private equity giant Warburg Pincus' 100 percent acquisition of India's housing finance company will require merger clearance from the domestic watchdog. Shriram Finance announced the sale of its housing finance subsidiary Shriram Housing Finance to Warburg Pincus at a proposed transaction value of 46.3 billion rupees ($579 million) subject to regulatory approvals. This will be Warburg Pincus' second acquisition in India's affordable-housing finance sector.US private equity giant Warburg Pincus' 100 percent acquisition of India's housing finance company will require merger clearance from the domestic watchdog....

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