Tiger Global continues run of Just Dial share sales
Tiger Global continues to exit India-listed online business directory Just Dial, selling a 5.37% stake - half of its remaining 9.18% holding - for INR4.08 billion ($64 million) via an open market transaction.
The sale, which is estimated to have generated a 18x return, comes days after Tiger Global sold a 2.1% stake for INR1.62 billion. Prior to that it sold 3.4% for INR3 billion in March. Nearly half of the...
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