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Warburg Pincus planning to sell 10% stake in Capital First

Warburg Pincus planning to sell 10% stake in Capital First

Tuesday, April 18, 2017, 11:38 AM

PE giant Warburg Pincus plans to sell 10% stake in consumer lender Capital First to take advantage of a five-fold jump in share price and a strong equity market hovering at all-time highs. The US-based PE will make one of its best exits in India, recovering nearly the entire capital invested in the company through this single transaction.
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