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โข Silverline Investment and Finance (SIFPL), an investment vehicle of the Hyderabad-based Narayana Group, raised โน1,150 crore for five years at 12.95% to acquire the stake of two private equity firms.
โข Barclays, Axis Bank-backed Axis Finance, and Singapore sovereign fund GIC provided the debt facility.
โข The promoters of Narayana Group plan to acquire the PEs' stakes and are raising โน1,400 crore NCDs for the purpose.
Nov 4 12:46 AM
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