Blackstone may seek up to 20% stake in IIFL Finance
Sources told CNBC-TV18 that Blackstone is looking to acquire up to a 20% stake in IIFL Finance, potentially reshaping ownership of the non-bank lender.
Blackstone is looking to acquire up to a 20% stake in IIFL Finance, which could mark a significant change in the ownership of the non-bank lender, sources told CNBC-TV18 on September 07. Sources said Blackstone may also acquire Fairfax’s entire stake in IIFL Finance. Fairfax currently owns around 13…