True North Set to Ac­quire Ma­jor­ity Stake in Home First for $100 m

The Economic Times - - Front Page -

Pri­vate eq­uity firm True North, for­merly In­dian Value Fund, has en­tered into a bind­ing deal to ac­quire a ma­jor­ity stake in Home First Fi­nance Com­pany for about $100 mil­lion (.`600 crore), valu­ing the mort­gage firm at $150-175 mil­lion, said a per­son in­volved in the trans­ac­tion.

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