India: Global PE funds in running for GE's $400m stake in SBI Card

India: Global PE funds in running for GE's $400m stake in SBI Card

As many as eight investors, including global private equity funds KKR and Co., Bain Capital and General Atlantic Llc, have been shortlisted for the purchase of GE Capital Corp.’s stake in a credit card joint venture with State Bank of India (SBI), according to two people close to the development.

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