IDFC Bank $1.5 billion acquisition of Capital First

16/1/2018

Public acquisition

Value:

$ 1.5 billion

Status:

Announced

Date:

16/1/2018

Overview:

IDFC Bank has acquired Capital First for $1.5 billion.
The acquirer is one of the two newest banks in India.
The deal aims to boost the bank's retail lending activities.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Banking

Firm:

AZB & Partners

Party: IDFC (Acquirer)

Party: IDFC Bank (Acquirer)

Lawyers: Ashwath Rau, Zia Mody

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