Apax Partners sells 4.3% stake in Shriram Finance, 4 global funds pick up stake

Apax Partners sells 4.3% stake in Shriram Finance, 4 global funds pick up stake

UK-based private equity firm Apax Partners sold 4.3% stake in Ltd through the open market on Friday, according to the data on exchanges. With this, the private equity firm has brought its stake to negligible levels in the non-bank finance company. The private equity firm sold 1,59,93,734 shares on the BSE at Rs 1,300 apiece, … Read more

Apax Partners likely to sell its entire stake in Shriram Fin via block deal

Apax Partners likely to sell its entire stake in Shriram Fin via block deal

Mumbai: Private equity firm Apax Partners is likely to sell its entire stake in through a block deal on Friday, according to a person in the know. Dynasty Acquisition (FPI), a company linked to Apax Partners, is expected to sell up to 173 lakh shares, representing 4.63% stake in the company. The deal, valued at … Read more