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PE firm

TPG Asia sells entire stake in RR Kabel in Rs 958 crore block deal

30 May 2024 by Admin
TPG Asia sells entire stake in RR Kabel in Rs 958 crore block deal

PE firm TPG Asia on Thursday sold its entire stake in wire and cable manufacturer RR Kabel through block deals, according to exchange data. TPG Asia offloaded about 5% stake or just over 56 lakh shares at around Rs 1,701 apiece. This valued the deal at around Rs 958 crore. Marquee funds, including Edelweiss MF, … Read more

Categories Economy Tags block deals, cable manufacturer, exit, IPO, PE firm, revenue growth, RR Kabel, rr kabel block deal, rr kabel block deal news, RR Kabel share price, rr kabel shares, Stocks, TPG Asia, tpg asia news, wire Leave a comment
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