PE-backed CreditAccess eyes stellar returns from partial exit in microlender’s IPO

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Netherlands-based CreditAccess Asia NV, which owns CreditAccess Grameen Ltd that operates under the Grameen Koota brand, is set to churn out stellar returns by selling a tenth of its stake in the microfinance lender through a trimmed initial public offering (IPO) next week. Bengaluru-headquartered CreditAccess Grameen Ltd, which provides low-ticket loans ......