India: Warburg set to exit Avtec, sell 30% stake to promoter C K Birla Group

India: Warburg set to exit Avtec, sell 30% stake to promoter C K Birla Group

From Warburg Pincus homepage

US-based private equity (PE) firm Warburg Pincus is set to exit its investment Avtec Ltd, with Avtec’s promoter—the CK Birla group—offering to buyout the PE investor’s stake.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter