WestBridge Capital raises stake in listed appliance maker
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WestBridge Capital raises stake in listed appliance maker

By Debjyoti Roy

  • 19 Dec 2019
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WestBridge Capital raises stake in listed appliance maker
Credit: 123RF.com

Public markets-focused private equity firm WestBridge Capital Partners has increased its shareholding in one of its consumer-facing portfolio firms through its latest transaction. The PE firm spent nearly Rs 108 crore ($15 million at current exchange rate) to raise its stake to 7.3% in Mumbai-listed household appliances maker IFB Industries Ltd. ......

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