MUMBAI: The M&A space seems to be buzzing again. The company making the news – Shriram Capital, the holding company of Shriram Group.

According to sources, the company is looking to divest 25% to a private equity player.

SHRIRAM STAKE SALE?
Sources
Shriram Capital in talks to dilute promoter stake
Shriram Capital looking to offload 25% stake to PE players
Shriram Capital looking to raise $250mn
Company seeking valuation of over $1bn
PE companies KKR, Actis in race to acquire 25%
Deal talks at preliminary stage

Shriram Capital Holding

Listed Investments               Stake           Current Mkt Value of Investment
Shriram Transport                   22%             Rs 2,376cr
Shriram City Union Finance   58%             Rs 1,160cr