02-04-2025
Philippine Lender Esquire Financing Is Said to Weigh Stake Sale at $1 Billion Value
The owners of Esquire Financing Inc. are considering selling a stake in the Manila-based lender and could seek a valuation of as much as $1 billion for the company, according to people with knowledge of the matter.
Esquire Financing's founder Rajan Uttamchandani and his family, as well as Ares Management Corp. -backed Crescent Point Capital, are working with an adviser on a potential sale of a significant minority holding, the people said.