India: PE firm Clearwater Capital Partners to sell 24% in Jamna Auto

India: PE firm Clearwater Capital Partners to sell 24% in Jamna Auto

Visual from the company website

Private equity firm Clearwater Capital Partners has hired investment bank ICICI Securities Ltd to sell its 24% stake in auto component maker Jamna Auto Industries Ltd, three persons familiar with the development said, adding that Reliance Capital Asset Management Ltd is among top mutual funds and financial institutions that have shown interest.

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