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CAM, Luthra advise True North in Federal Bank 26% PE investment for $23.5m

“The Federal Bank board has approved 26% strategic investment by private equity player True North in its wholly owned subsidiary - FedBank Financial Services (FedFina), a move that will help the company to grow its loans,” according to reports.

Cyril Amarchand Mangaldas advised True North Enterprise Private Limited led by partner Vandana Sekhri.

L&L Partners advised Federal Bank Ltd led by a team of partners Amit Shetye and Rohan Shah.

2018-05-11

Deal value: Confidential

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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