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PineBridge exits Maini Precision Products for $15.3M, pockets 3x

By Bruhadeeswaran R

  • 31 Oct 2012

PineBridge Investments has exited from its seven year old investment of $6.2 million (as per exchange rate back then) in Bangalore-headquartered Maini Precision Products, known for its association with India’s first electric car Reva. The investment firm (renamed after AIG sold its asset management business two years ago) pocketed around ......

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