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New Deal


Announced

Kotak Mahindra Bank to acquire a 10% stake in Kfin Technologies for $42m.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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investor servicing

Domestic

Single Bidder

Minority

Acquisition

Friendly

Pending

Financial Data and Systems

Private

India

Synopsis

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Kotak Mahindra Bank, an Indian banking & financial services company, agreed to acquire a 10% stake in Kfin Technologies, a registrar and transfer agency, for $42m. This investment, Kotak Bank said, is in line with the lender's strategy of making minority investments in businesses that are professionally managed and have deep client entrenchment.

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