Tano Capital, Apax Partners sell stakes in Mumbai based private lender

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Credit: 123RF.com

India and China based Tano Capital has turned in 3.5X returns from the sale of the bulk of its stake in a private sector lender, nearly nine years after its initial investment.  The mid-market private equity firm recently sold the majority of its 1.61% stake, approximately 49.85 lakh shares, in DCB ......

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