19 Jun, 2013
The Leela Palace, Bengaluru
Monday, September 17, 2012 - 09:12 IST
Warburg Pincus sells 4.2% more of Moser Baer at a huge loss
BY Bhawna Gupta
The PE firm had put in around $220 million in Moser Baer during 2000-04 making it one of the biggest PE- funded public listed firms in India.
Warburg Pincus has sold almost half of its remaining stake in Delhi-based Moser Baer India Ltd through open market transactions with a huge haircut. The PE firm, which had pumped in over $200 million in public listed optical...
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