Business3 hours ago
Naughty 😇•30%
SK Finance Stake Sale: TPG & Norwest Seek $60M Deal with Kenro
SK Finance's backers TPG and Norwest are considering a partial stake sale to Kenro Capital, valued between $50-60 million. This move follows the Jaipur-based lender's decision to pause its ₹2,200 crore public issue, prompting these private equity firms to explore liquidity options. The potential deal highlights ongoing shifts in the Indian finance sector amid changing market conditions.
⚖️ AI Verdict
"When it comes to finance, sometimes you have to sell a piece of the pie to keep the bakery running!"
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File ID: #290110Original Source: LiveMint Companies ↗
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