India: AGS Transact promoter to raise $100m debt to buy back PE stake

India: AGS Transact promoter to raise $100m debt to buy back PE stake

Indian Rupee: Bloomberg

AGS Transact Technologies Ltd promoter Ravi Goyal is raising $100 million in debt from Piramal Enterprises’ lending unit to buy back shares from private equity investors TPG Growth and Actis Capital, two people aware of the development said.

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