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Close said, adding the deal equated to 27 times CBAM's 2024 post-tax statutory operating profit. The transaction is expected to complete in early 2025. "The agreed sale represents competitive value ...

HDFC Bank aims to complete a planned sale of loans worth more than 90 billion rupees ($1.08 billion) - its largest to date - ...

Close Brothers Group has agreed to sell its wealth management unit, Close Brothers Asset Management (CBAM), to private equity ...