Advent, Temasek score neat returns in partial exit from Crompton Greaves Consumer
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Advent, Temasek score neat returns in partial exit from Crompton Greaves Consumer

By Ankit Doshi

  • 10 Nov 2020
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Advent, Temasek score neat returns in partial exit from Crompton Greaves Consumer
Credit: 123RF.com

US private equity firm Advent International and Singapore state investor Temasek Holdings have scored neat returns from yet another partial exit in Crompton Greaves Consumer Electricals Ltd. Advent has sold about 36.07 million shares, or a 5.75% stake, for Rs 1,070 crore while Temasek has offloaded 18.92 million shares, or a ......

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