warburg pincus stake sale

Warburg Pincus offloads 1.3% stake in IDFC First Bank for Rs 790 crore

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Warburg Pincus offloads 1.3% stake in IDFC First Bank for Rs 790 crore

US-based private equity firm Warburg Pincus sold its partial stake in IDFC First Bank through block deals on Thursday. Warburg Pincus, through its affiliate Dayside Investment, offloaded 9.17 crore shares or 1.3% in the private sector lender. The transaction was done at Rs 86.1 apiece, taking the deal value to Rs 790 crore. It is … Read more

Warburg Pincus sells 6.2% stake in Kalyan Jewellers for Rs 724 cr; Franklin Templeton, Nomura emerge buyers

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Warburg Pincus sells 6.2% stake in Kalyan Jewellers for Rs 724 cr; Franklin Templeton, Nomura emerge buyers

Highdell Investment, owned by private equity firm Warburg Pincus, has sold partial stake in Kalyan Jewellers through open market transactions on Friday. According to bulk deals data available with the exchanges, Warburg Pincus has offloaded 6.4 crore shares or 6.22% stake in the company at a price of Rs 113 apiece. Through the stake sale, … Read more