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General Atlantic sells 4% stake in Infotech Enterprises at par

By Madhav A Chanchani

  • 22 Jul 2013
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General Atlantic sells 4% stake in Infotech Enterprises at par

Private equity major General Atlantic Partners has sold approximately 4 per cent stake in Hyderabad-based Infotech Enterprises. The PE firm sold 3.93 per cent stake in the IT services firm on Monday for Rs 79 crore, on par with the investment cost six years ago.The development came after Abhay Havaldar, ......

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