IndusInd International Holdings targets US$50 billion valuation in banking and financial services through acquisitions, says Ashok Hinduja
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IIHL, which has a significant shareholding from the UAE residents is looking at taking over smaller banking entities in Europe, and is open to look at other regions, including the Middle East.
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Imminent acquisition of R-Capital, and the recent picking up of 60 per cent stake in Investco to help expand BFSI footprints
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Looks at listing on Afrinex exchange in Mauritius; Stake in IndusInd Bank to be raised to 26 per cent from the current 16 per cent