Investment31 Oct 2025, 02:03 pm
Sammaan Capital Receives $240bn Investment from International Holding Company
AI Summary
Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, has received an investment from International Holding Company (IHC), a UAE-based holding company. IHC will acquire a controlling stake in Sammaan Capital through its indirectly owned company, Avenir Investment RSC Ltd. The transaction includes a primary capital infusion of $240bn for a 41.2% stake and an open offer to public shareholders for an additional 26.0% stake. IHC's investment is expected to help Sammaan Capital implement future-ready tools and technology to realize operating efficiencies, cost optimization, and improve customer service standards.
Key Highlights
- IHC to acquire a controlling stake in Sammaan Capital for $240bn
- The investment is expected to help Sammaan Capital implement future-ready tools and technology
- IHC's stake could go up to 63.4% with the open offer
- IHC is a UAE-based holding company with a market cap of $240bn
- Sammaan Capital was formerly known as Indiabulls Housing Finance Limited