Mumbai, Feb. 10 -- US-based asset manager The Carlyle Group Inc. will acquire the housing loan unit of Edelweiss Financial Services Ltd, Nido Home Finance Ltd, in a Rs.2,100 crore deal, the Rashesh Shah-led financial services firm informed the exchanges on Monday.
The deal will see investment funds affiliated with Carlyle Asia Partners-CA Sardo Investments and Aditya Puri's family office, Salisbury Investments Pvt.-pick up a 45% stake in Nido from Edelweiss through a secondary purchase and make a primary equity capital infusion of Rs.1,500 crore.
Collectively, both funds will acquire a majority stake in Nido through a mix of shares and warrants.
Aditya Puri, former chief executive and managing director of HDFC Bank, is a senior adviser...
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