3 global funds sell 7.8% stake in Five-Star Business for Rs 1,656 crore via open market
MUMBAI – Three global funds namely Peak XV Partners (formerly Sequoia Capital), TPG Asia and Matrix Partners have sold partial stakes in Five-Star Business Finance, aggregating up to Rs 1,656 crore through bulk deals on Friday. TPG Capital, through one of its affiliates TPG Asia Vii Sf Pte, sold 89,07,493 shares of Five-Star Business or … Read more