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Warburg Pincus spins high returns from quick India exit

By Ankit Doshi

  • 11 Sep 2019
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Warburg Pincus spins high returns from quick India exit
Credit: Thinkstock

Warburg Pincus has reaped stellar gains by selling its remaining stake in an Indian non-life insurer in what has been the private equity’s quickest exit ever in the country. Warburg sold 12.28 million shares, or 2.71% stake in ICICI Lombard, at Rs 1,122.27 apiece to mop up a total of around ......

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