Oman India Joint Investment Fund to pick up stake in IPO-bound firm

By Bruhadeeswaran R

  • 19 Mar 2019
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Credit: 123RF.com

Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has inked a second consecutive deal in the financial services segment. OIJIF’s $300-million second fund has signed an agreement to buy 4.1 crore shares of PNB MetLife India Insurance Company Ltd for Rs 185 crore (around $26.8 million) from J&K Bank.  The ......

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