India Digest: Carlyle leads race for SBI Life stake; TPG may control Abraaj fund

India Digest: Carlyle leads race for SBI Life stake; TPG may control Abraaj fund

Photo: Reuters

Carlyle is leading the race to buy a strategic stake in SBI Life Insurance Co as France’s largest listed bank BNP Paribas plans to sell part of its stake while TPG Capital is close to taking control of Dubai-based private equity firm Abraaj’s troubled healthcare fund.

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