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CX Partners, NewQuest trim stake in financial services firm

By Beena Parmar

  • 17 Apr 2020
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CX Partners, NewQuest trim stake in financial services firm
Credit: Thinkstock

Four private equity investors including CX Partners and NewQuest Capital Partners have reduced their stake in the holding company of a small finance bank just before the stock market crashed due to the coronavirus outbreak. CX, NewQuest and Elevar Equity pared their stake in Ujjivan Financial Services Ltd during the January-March ......

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