Five PE firms shortlisted to acquire Lakshmi Vilas Bank

Five PE firms shortlisted to acquire Lakshmi Vilas Bank
24/10/2018 , by , in News/Views

Global private equity majors, including Blackstone Group, Baring Private Equity Asia, Bain Capital and TPG Capital Management, are among the five firms that have been shortlisted to acquire a controlling stake in Lakshmi Vilas Bank, said a report quoting sources.

Domestic PE firm Gaja Capital is also in the fray to buy a controlling stake in the lender.

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