M & A
November 13 2009, 17:12:23 IST | TEAM VCC
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Credila Financial Services Pvt. Ltd is a lender of education loans.

Housing Development Finance Corporation Ltd (HDFC) has said it will acquire approximately 41% in Credila Financial Services Pvt. Ltd, a lender of education loans, from DSP Merrill Lynch Capital Ltd.

The deal is subject to compliance with applicable regulations, HDFC said, in its filing to the BSE. The value of the transaction was not disclosed.

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