AZB & Partners Advised Edelweiss Group And Nido Home Finance Limited On The Strategic Majority Stake Acquisition By The Carlyle Group
AZB & Partners advised Edelweiss Group and Nido Home Finance Limited on the strategic majority stake acquisition by The Carlyle Group
The leading law firm in India, AZB & Partners acted as legal counsel to the Edelweiss Group and Nido Home Finance Limited (“Nido”) in connection with the acquisition of a strategic majority stake of approximately 73% in Nido by The Carlyle Group, along with the family office of Aditya Puri (former MD & CEO, HDFC Bank), for approximately INR 2,100 crore. Nido is one of India’s leading housing finance companies, providing home loan solutions across the affordable housing and mass-market segments.
The AZB & Partners team was led by (Senior Partners) Ashwath Rau and Vipul Jain, with support from (Partner) A. Robin Singh and (Senior Associates) Aditi Shukla, Saras Muzumdar, and Abhimanyu Singh Rathore.
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