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Warburg Pincus starts exiting Havells with over 2x returns

By Madhav A Chanchani

  • 05 Feb 2013

Private equity major Warburg Pincus has started exiting its nearly six year old investment in electrical equipment company Havells India Ltd at over 2x returns. Warburg Pincus, which holds 14 per cent stake in the company through its two entities, sold 5.6 per cent stake on Tuesday for Rs 455 ......

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