Announced
BlackRock to acquire Poonawalla Housing Company from Poonawalla Fincorp.
Financials
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Consumer Lending
housing finance
neobank
India
Acquisition
Majority
Private
Private Equity
Cross Border
Pending
Friendly
Single Bidder
Synopsis
BlackRock, an investment management corporation, agreed to acquire Poonawalla Housing Company, a housing finance company, from Poonawalla Fincorp, a company that offers a customized suite of transparent, quick, and hassle-free Loan offerings and Insurance. Financial terms were not disclosed.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
No credit card required
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.