Baring PE Asia emerges as sole bidder for Can Fin Homes, again

In September, CEO R A Sankara Narayanan said the bank had received 12 EoIs and was expecting Rs 1,000 crore for its entire stake. JM Financial and Kotak Mahindra are advising the lenders in the sale process. Can Fin Homes has a market cap of Rs 5,440 crore. At current price, a 30% stake would have fetched Rs 1,632 cr.

from Banking/Finance-Industry-Economic Times https://ift.tt/2CuzCb3