US-based private equity (PE) major Warburg Pincus is set to pick up majority stake in automobile parts maker Imperial Auto Industries. This is Warburg Pincus' second investment in six months, after it invested in the parent company of IPO-bound homegrown ride-hailing giant Ola in July last year. Under the latest deal, Stone Plant Investments B.V. ......
Warburg Pincus set to acquire majority stake in auto parts maker
By Beena Parmar
- 14 Jan 2022