Warburg Pincus receives India nod to acquire 10 percent in IDFC First Bank
( June 4, 2025, 08:11 GMT | Official Statement) -- MLex Summary: Global investor Warburg Pincus has secured clearance from the Indian antitrust watchdog to acquire up to 9.99 percent in IDFC First Bank. The US private equity fund will acquire the stake in the Indian private sector bank through its subsidiary, Currant Sea Investments. Warburg Pincus announced the proposed acquisition in April this year. The Competition Commission of India said in a statement yesterday evening that a detailed order will follow.The statement follows:...
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