Sumitomo Mitsui completed the acquisition of the remaining 25.1% stake in SMFG India Credit from Temasek for $700m.

Synopsis

Sumitomo Mitsui, a multinational banking financial services institution, completed the acquisition of the remaining 25.1% stake in SMFG India Credit, a non-banking financial company, from Temasek, a global investment company, for $700m.

Principals

target

Smfg India Credit (formerly Fullerton India)

bidder

Sumitomo Mitsui Financial Group

Show Details & Financials

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Market Context

azb & partners

HQ - Chennai

legal advisors

bidder

815

Deals

£ 483.29 B

Total Value