WestBridge commits $12m to India's Relaxo
WestBridge Capital Partners has invested INR790 million ($12 million) in listed Indian footwear maker Relaxo Footwears.
The GP bought about 1.9 million shares at INR424.89 apiece, according to market data, giving it a 1.6% stake. WestBridge made the purchase through its wholly-owned subsidiary Jwalamukhi Investment Holdings....
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