Providence ups stake in India's Hathway
Providence Equity Partners has paid INR2.4 billion ($36.4 million) for a 6.35% stake in Indian cable TV operator Hathway Cable and Datacom held by Macquarie Bank.
Providence, which seeks investments in media, communication, information and education on a global basis, bought the 52.8 million shares through its subsidiary P5 Asia Holding Investments (Mauritius) in...
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