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IFC to back rare management buyout-style transaction in India

By Narinder Kapur

  • 03 Jul 2019
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IFC to back rare management buyout-style transaction in India
Credit: 123RF.com

International Finance Corporation has joined a consortium of investors that is in talks to seal a venture-stage management buyout-style transaction in India, in what would mark an uncommon deal for the World Bank arm. Washington-headquartered IFC is likely to come as a co-investor in TerraPay, a business-to-business payments and remittances platform ......

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