MUMBAI (Reuters) - India and Southeast Asia-focused private equity firm Everstone Group has agreed to invest 2 billion rupees for a significant minority stake in commercial vehicle financing firm Hinduja Leyland Finance, the companies said on Monday.
The Chennai-based non-banking finance company is owned by the Hinduja Group, which runs India's second-biggest bus and truck maker Ashok Leyland .
Ernst & Young and boutique investment bank Spark Capital were the advisors to the transaction, the companies said.
(Reporting by Indulal PM; Editing by Jijo Jacob)
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