Blackstone Buys Wadhawan Unit as India Firm Looks to Cut Debt
A customer withdraws a stack of Indian twenty rupee banknotes (Photographer: Dhiraj Singh/Bloomberg)

Blackstone Buys Wadhawan Unit as India Firm Looks to Cut Debt

(Bloomberg) -- Wadhawan Global Capital, parent of an Indian mortgage lender hit by allegations of financial irregularities, sold its stake in another unit to funds managed by Blackstone LP.
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