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Report: TPG Capital holds off plan to sell stake in Shriram Capital

Oct 15, 2019 - SNL Financial

Deliberations are ongoing and the proposed sale of the private equity firm's stake will likely resume when appropriate, sources said.

U.S.-based TPG Capital Management LP has paused its plan to sell a 10% stake in Shriram Capital Ltd. as India's shadow banking crisis continues to affect valuations, Business Standard reported Oct. 11, citing people with knowledge of the matter.

Deliberations are ongoing and the proposed sale of the private equity firm's stake will likely resume when a...