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Article: WARBURG PINCUS AFFILIATES UP STAKE IN INDIA'S MOSER BAER.
- Article from:
- AsiaPulse News
- Article date:
- April 3, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MUMBAI, April 3 Asia Pulse - Affiliates of private equity Cinvestor Warburg Pincus LLC have hiked their stake in optical storage media company Moser Baer India (BSE:517140) to 33.75 per cent through conversion of 47,500 Global Depository Receipts (GDRs).
A clutch of investors led by Woodgreen Investment along with Bloom Investments, Ealing Investments, Randall Investments and Elm International ( are affiliates of Warburg Pincus) acquired an additional 4.26 per cent stake in Moser Baer, a ...