Providence completes exit from India's Idea Cellular
Providence Equity Partners has exited its remaining 3.3% stake in Indian mobile network operator Idea Cellular for INR12.9 billion ($193 million).
Public market records show that P5 Asia Investments (Mauritius), a unit of Providence, sold 120 million shares at INR107.32 each, a discount to the stock’s closing price of INR114.25 the prior day. Buyers...
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