India's Axis Private Equity to sell portfolio companies
India’s Axis Private Equity is reportedly negotiating the sale of Vishwa Infrastructure and Corrtech International, and plans to dilute its stake in Neesa Leisure through an IPO.
According to The Business Standard, the firm, which is 100%-owned by Axis Bank, is in talks with Morgan Stanley Private Equity and Olympus Capital to sell a 35 % stake in Vishwa for INR3.5 billion ($76...
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