BRIEF-India's Shriram Transport Finance approves issuance of redeemable NCDs
* Says approved issuance of redeemable NCDs on private placement basis within limits of INR 300 billion Source text - (http://bit.ly/2u14kDk) Further company coverage:
ABU DHABI, April 20 Mubadala Capital, an arm of Abu Dhabi's state fund Mubadala, said it had conudcted a private equity transaction with European fund manager Ardian, which had committed to invest $2.5 billion in the deal.
It is the first time that Mubadala Capital is accepting capital from third-party investors, Mubadala said in a statement on Thursday.
The deal has two components: Ardian is acquiring an interest in a private equity portfolio currently managed by Mubadala Capital, and Mubadala is establishing a new private equity fund in which Ardian will be a lead investor. (Reporting by Stanley Carvalho; Writing by Saeed Azhar; Editing by Andrew Torchia)