TPG to Acquire Poonawalla Housing Finance at Valuation of INR 39 Billion
TPG, a leading global alterative asset management firm, announced that it has signed definitive documents with Poonawalla Fincorp Limited to acquire its subsidiary Poonawalla Housing Finance Limited (PHFL) for a pre-money equity valuation of INR 39 billion. The transaction is invested through TPG Capital Asia, the firm’s Asia-focused private equity......