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Multiples PE in debut exit, sells stake in South Indian Bank

By TEAM VCC

  • 04 Jul 2014
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Multiples PE in debut exit, sells stake in South Indian Bank

Multiples Alternate Asset Management has logged its first exit activity by selling a fifth of its holding in South Indian Bank less than two years after backing the private bank. The PE firm sold its shares to a hedge fund run by Indian origin investment manager Mohnish Pabrai.Multiples sold around ......

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