Billion-$ play: IHC to acquire controlling stake of 40-45% in Sammaan Capital

Abu Dhabi-based International Holding Co. (IHC) is...

Abu Dhabi-based International Holding Co. (IHC) is set to acquire a 40–45% controlling stake in Sammaan Capital Ltd, formerly Indiabulls Housing Finance, for about $1 billion, according to people aware of the deal. The UAE conglomerate, backed by Sheikh Tahno…

Arijit Barman and Reghu Balakrishnan
The Times of India