US-based global private equity firm, Warburg Pincus has exited Indian multiplex giant PVR by selling its entire stake of 2.49% through its affiliate in a block deal on Monday. As per the block deal, on BSE, Warburg-backed Berry Creek Investment sold 24,39,301 equity shares at a price of ₹1,559.35 per share in PVR, aggregating to ₹380.37 crore. French-based financial services …
The company will use the investment to widen its R&D capabilities and build and support a manufacturing ecosystem under the Make in India initiative. New York-based private equity fund Warburg Pincus has invested approximately $100 million in homegrown headphones and speakers brand boAt, the company said in a blog post. The company will use the investment to fortify its market …
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