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3i part exits Adani Power with a haircut

By Shruti Ambavat

  • 20 May 2014
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3i part exits Adani Power with a haircut

Global private equity firm 3i Capital has partially exited its almost seven-year-old investment in Adani Group’s power venture Adani Power at a loss. The firm sold a little over 2 per cent stake in the company in small lots over the last one month for around Rs 300-325 crore ($50-55 ......

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