True North exits FedFina with nearly 7% stake sale via block deal | Company News
Fedbank Financial Services (FedFina) on Tuesday said private equity firm True North has sold nearly 7 per cent of its stake through a block deal in the retail-focused finance company promoted by Federal Bank to Nomura Asset Management’s Nomura India Equity Fund (FPI). Shares of the finance company fell 1.22 per cent, even as…