Fairwinds PE cooks up a poor exit from kitchen appliances maker

By Ankit Doshi

  • 04 Oct 2019
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Credit: Pixabay

Fairwinds Private Equity, formerly known as Reliance Equity Advisors, has exited a kitchen appliances maker with a haircut as it brought the curtains down on its last standing public market bet. The PE firm has sold its remaining stake in Chennai-based Butterfly Gandhimathi Appliances Ltd for a little over Rs 14 ......

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