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Four Private Equity Firms Express Interest In Magma Housing Finance—BQ Exclusive
Magma Housing Finance is seeing interest from PE firms looking to back affordable housing finance.
29 Jan 2021, 03:24 PM IST
Four private equity firms have expressed interest in buying Magma Housing Finance Ltd. as its promoters are looking to sell the non-core affordable housing lending unit to plough back funds into the group's non-banking financial company Magma Fincorp Ltd.The firms that have shown interest in buying the Kolkata-based housing financier include global investors Baring Private Equity Asia, CVC Capital Partners, India and South East Asia-...
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