Advent weighs $1 billion bet on Yes Bank, due diligence on

Advent weighs $1 billion bet on Yes Bank, due diligence on

Advent weighs $1 billion bet on Yes Bank, due diligence onFeb 4, 2022, 07:21 AM IST

Advent is currently conducting due diligence and may form a consortium. Sources said the private lender is keen to rope in at least one more bulge-bracket player for co-investing.

Apollo Global set to invest $125 mn in Hero FinCorpFeb 3, 2022, 11:58 PM IST

Apollo will end up owning a 9%-11% stake in the NBFC on a fully diluted basis and have a board seat. Other than flagship Hero MotoCorp that owns 40% of the company, the Munjal family, the promoters of Hero MotoCorp also have substantial shareholding in Hero Fincorp of 30-35%.

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