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IFCI sells 24% stake in TFCI for Rs 290 crore – Economic Times

September 29, 2017
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Economic Times
Redkite Capital, a non-banking finance company, and a former banker Sajeeva Thomas, have jointly acquired the 24% stake in a deal that was priced at Rs. 150 apiece, a 3.5 percent premium to its previous close. TFCI ended 2.2 percent lower at Rs. 142.05.
Tourism Finance soars 9% after a block deal, IFCI likely to have sold stakeMoneycontrol.com
IFCI Sells Most Of Its Stake In Tourism Finance CorporationBloombergQuint
IFCI sells 24% stake in Tourism Finance Corp for over Rs. 290-crHindu Business Line
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