India: Everstone-backed IndoStar Capital close to acquiring ICICI Home Finance for $308m

India: Everstone-backed IndoStar Capital close to acquiring ICICI Home Finance for $308m

Two years after putting its wholly owned subsidiary ICICI Home Finance on the block, ICICI Bank Ltd is close to selling a majority stake in the company to IndoStar Capital for Rs2,000 crore, two people directly aware of the development said.

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