Carlyle exits India's Repco Home Finance
The Carlyle Group has fully exited its stake in India's Repco Home Finance (RHF) for INR4.72 billion ($78.4 million) via an open market transaction.
The sale is understood to represent a 9x return for the GP, which first backed the company in seven years ago. Carlyle sold 11 million shares - or a 17.7% stake - at INR428 apiece. AVCJ Research data...
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