Blackstone earns stellar returns in partial exit from Essel Propack

By Ankit Doshi

  • 18 Sep 2020
Premium
Credit: Reuters

Blackstone Group Inc., the world’s largest private equity firm, has sold nearly a third of its stake in Essel Propack Ltd barely a year after acquiring a controlling stake in the packaging company. Blackstone sold 27.55 million shares, representing a stake of about 23%, for roughly Rs 1,850 crore ($251 million ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.