Warburg Pincus invests in India's Apollo Tyres
Warburg Pincus will invest INR10.8 billion ($150.7 million) in Apollo Tyres, a multinational tire manufacturer headquartered in India.
Emerald Sage Investments, a vehicle controlled by the private equity firm, will subscribe to 108 million compulsorily convertible preference shares issued by Apollo, according to a filing. The size of...
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