Axis divests stake in Vishwa Infrastructures to Olympus Capital
Axis Infrastructure Fund I has exited an undisclosed “significant minority stake” in Hyderabad-based Vishwa Infrastructures and Services to Olympus Capital Holdings Asia for more than INR2 billion ($42 million).
Axis Bank has been the majority shareholder in the Visha, which develops integrated water supply and wastewater projects, and launched discussions with Olympus about a stake purchase last month. At the...
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