Multiples PE to pick up majority stake in non-bank lender

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Mid-market private equity firm Multiples Alternate Asset Management Pvt. Ltd has struck a deal to buy a majority stake in a non-banking finance company, expanding its exposure to the financial services sector.The Renuka Ramnath-led PE firm is buying a controlling stake in APAC Financial Services Pvt. Ltd, the NBFC floated ......

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