M&AEconomic Times
Warburg Pincus buys Rs 1,663 crore stake in Pricol unit
Positive+663 sources
GreyOak summary
Warburg Pincus acquired a 38% minority stake in Pricol Autotech for Rs 1,663 crore. The unit, which manufactures digital dashboards, will be demerged from Pricol Limited. Existing promoters retain control of the remaining businesses.
What it affects
- PricolPRICOLLTDPositive +66
Minority stake in unit sold to Warburg Pincus.Rolling sentiment Positive +41
Source
Read the original at Economic TimesMore Pricol news
- Pricol promoters sell stake in Autotech to Warburg PincusCNBC-TV18 · M&A ·
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