Blackstone acquires India's Aadhar Housing Finance

Blackstone acquires India's Aadhar Housing Finance

Blackstone Group LP headquarters stands in New York, U.S., on Friday, April 14, 2017. Photograph: Victor J. Blue/Bloomberg

Wadhawan Global Capital, parent of an Indian mortgage lender hit by allegations of financial irregularities, sold its stake in another unit to funds managed by Blackstone LP.

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