Srei Equipment Finance gets EoI from Makara Cap for ₹2,200-cr investment
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SREI Infrastructure Subsidiary Receives Investment Proposal of Rs2200 Crore From Makara Capital Partners
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Srei Equipment Finance gets EoI from Cerberus Global
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Last Updated: Apr 25, 2021, 10:24 AM IST
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Earlier this month, SEFL received EoIs for capital infusion of about $250 million (about Rs 1,864.35 crore) from US-based multi-strategy investment firm Arena Investors LP and Singapore-based global financial services company Makara Capital Partners.
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NEW DELHI: Srei Equipment Finance (SEFL) has received an expression of interest for equity infusion of an undisclosed amount from global private investment firm Cerberus Global Investments, according to a regulatory filing.
Srei Equipment Finance Limited (SEFL) is a wholly-owned subsidiary of Srei Infrastructure Finance Limited.
The board of directors of
Cerberus Global Investments shows interest in Srei Equipment Finance The non-bank finance firm had earlier received expressions of interest for capital infusion of about $250 million from US firm Arena Investors and Singapore-based Makara Capital
New York-based private investment firm Cerberus Global Investments BV is the third investor to show interest in capital infusion into Srei Equipment Finance Limited (SEFL). There will also be a forensic audit of the books of the NBFC at the behest of the lenders.
The non-bank finance firm had earlier received expressions of interest for capital infusion of about $250 million from US firm Arena Investors and Singapore-based Makara Capital.