India Value Fund exits Mahindra CIE with 4.5x

By Shruti Ambavat

  • 21 Jan 2015
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Mid-market control-oriented private equity firm India Value Fund Advisors (IVFA) has sold its entire holding in Mahindra CIE Automotive (formerly Mahindra Forgings) pocketing approximately Rs 410 crore over multiple tranches in the past one week.VCCircle had first reported on January 17 that the PE firm is exiting the firm.In the latest transaction ......

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