Apollo, Varde Pull Out of Race for India Shadow Bank Altico
A man walks past reinforcing steel and concrete columns at the construction site of a wholesale market developed by Vishvaraj Infrastructure Ltd. in Nagpur, India. (Photographer: Dhiraj Singh/Bloomberg)

Apollo, Varde Pull Out of Race for India Shadow Bank Altico

(Bloomberg) -- Apollo Global Management LLC and Varde Partners LP are no longer considering bidding for Altico Capital India Ltd., according to people familiar with the matter, narrowing the number...
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