PE deal of the month: Warburg bets on Airtel DTH at higher valuation than peers

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In 2004 and 2005, New York private equity firm Warburg Pincus sold its stake in mobile-phone operator Bharti Airtel Ltd in a highly profitable exit that turned global PE firms’ attention to the India as an investment destination. This month, Warburg Pincus came back to invest in another Bharti company, ......