Greater Pacific fully exits Edelweiss at 4.5x; Jhunjhunwala picks 1.3% stake

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Private investment firm Greater Pacific Capital (GPC) has fully exited its eight-and-a-half-year old investment in financial services firm Edelweiss Financial Services Ltd by selling its remaining 3.44 per cent stake in the company for Rs 148 crore ($25 million) via open market transactions on Thursday.A part of the stake (1.3 ......