Malaysian PE firm Creador acquires 3.2% in India’s PC Jeweller

Image from PC Jeweller Facebook page.

Malaysia-based private equity firm Creador has acquired 3.2 per cent stake in India-listed jewellery chain PC Jeweller for Rs 143 crore ($23 million) and will raise its stake to 3.5 per cent by investing another Rs 12.4 crore ($2 million).

The Economic Times reported that Creador had bought 44.79 lakh shares at Rs 244 apiece, National Stock Exchange data show on Monday and Tuesday.

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