Warburg Pincus-backed Lemon Tree files for India IPO
Indian hotel chain Lemon Tree Hotels has filed for an IPO that will provide a partial exit for Warburg Pincus.
The offer will comprise up to 196 million shares, all from existing investors and accounting for 24.9% of the company, according to a prospectus. Warburg Pincus will sell up to 94.5 million shares; currently,...
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