PE investors to make partial exits from India's AGS, S.H. Kelkar
Three private equity firms – TPG Capital, Actis and The Blackstone Group – are set for partial exits from their Indian investments as payment solutions provider AGS Transact Technologies and fragrances manufacturer S.H. Kelkar both filed for IPOs.
AGS is seeking to raise up to INR13.5 billion ($215.5 million), comprising INR4 billion in new equity and INR9.5 billion in shares sold by existing shareholders, according to a filing. TPG will exit shares...
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