Jul 22, 2013, 07.52 PM IST
Private Equity firm Everstone Group agreed to invest Rs 3 billion for a stake in the commercial vehicle financing firm Hinduja LeyLand Finance.
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Everstone to invest $34 mn in Hinduja Leyland Finance
Private Equity firm Everstone Group agreed to invest Rs 3 billion for a stake in the commercial vehicle financing firm Hinduja LeyLand Finance.
Like this story, share it with millions of investors on M3
Everstone to invest $34 mn in Hinduja Leyland Finance
Private Equity firm Everstone Group agreed to invest Rs 3 billion for a stake in the commercial vehicle financing firm Hinduja LeyLand Finance.
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The Chennai-based non-banking finance company is owned by the Hinduja Group, which runs India's second-biggest bus and truck maker Ashok Leyland .
Ernst & Young and boutique investment bank Spark Capital were the advisors to the transaction, the companies said.
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