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TVS Credit eyes Avendus Capital to widen financial services play
Mint Bangalore|December 19, 2024
TVS Credit Services is exploring the acquisition of Avendus Capital to expand its financial services offerings.
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according to VCCEdge. KKR and Gaja Capital together own around 70% stake in Avendus. Founders and employees, along with private individuals such as former Alliance Tires Group CEO Yogesh Mahansaria, own the rest.

The second person said 70% stake in Avendus may be valued at $500-700 million. Queries emailed to KKR, Gaja Capital, TVS, Nomura, Mizuho and Carlyle remained unanswered. Avendus and Rothschild declined to comment.

この蚘事は Mint Bangalore の December 19, 2024 版に掲茉されおいたす。

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TVS Credit eyes Avendus Capital to widen financial services play
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この蚘事は Mint Bangalore の December 19, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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