IFC checks out of Religare as battle for control rages

IFC checks out of Religare as battle for control rages

Mumbai/Bengaluru: The International Finance Corporation has sold its entire residual stake in Religare Enterprises Ltd, ending its 12-year engagement with the Delhi-based financial services company, even as the management of Religare and the Burman family continue to battle it out for control of the company.

Mumbai/Bengaluru: The International Finance Corporation has sold its entire residual stake in Religare Enterprises Ltd, ending its 12-year engagement…
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Source: https://www.livemint.com/companies/ifc-checks-out-of-religare-as-battle-for-control-rages/amp-11710166039497.html