Acquisition History / Asia II Topco XIII Pte. Ltd. / Federal Bank Limited
Asia II Topco XIII Pte. Ltd. Acquires Federal Bank Limited
Announced January 2025 — $700.2M
What happened
Private sector bank Acquired through Asia II Topco XIII Pte. Ltd., a vehicle of Blackstone Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1763624386.pdf
- Acquirer
- Asia II Topco XIII Pte. Ltd.
- Target
- Federal Bank Limited
- Announced
- January 2025
- Price
- $700.2M
- Industry
- Banking
- Buyer type
- Private equity
- Fund vehicle
- Asia II Topco XIII Pte. Ltd.
- Backing investors
- Blackstone Inc.
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Asia II Topco XIII Pte. Ltd. acquire Federal Bank Limited?
Asia II Topco XIII Pte. Ltd. acquired Federal Bank Limited on January 2025. This was Asia II Topco XIII Pte. Ltd.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Asia II Topco XIII Pte. Ltd. pay for Federal Bank Limited?
Asia II Topco XIII Pte. Ltd. paid $700.2M for Federal Bank Limited.
What does Federal Bank Limited do?
Private sector bank Acquired through Asia II Topco XIII Pte. Ltd., a vehicle of Blackstone Inc.. Source: https://www.cci.gov.in/images/summaryorders/en/summary1763624386.pdf
What other Banking companies has Asia II Topco XIII Pte. Ltd. acquired?
Federal Bank Limited is Asia II Topco XIII Pte. Ltd.'s only publicly tracked acquisition in Banking so far.
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