BusinessNews

Warburg Pincus closes JV with Lemon Tree Hotels for student lodging

Warburg Pincus has finished a two-year-old joint endeavor (JV) with Lemon Tree Hotels for understudy lodging and co-living spaces, said sources up to date. “Evidently, Warburg was not content with the manner in which the JV had advanced in the last two-three years,” said the sources. Lemon Tree advertisers repurchased the stake from Warburg, sources said, adding that Rahul Pandit, (CEO) and…
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BusinessNews

Warburg obtains controlling stake in Parksons Packaging

American private value (PE) firm Warburg Pincus on Monday said its partner Green Fin Investments BV has procured a lion’s share stake in Parksons Packaging Ltd, it said in an explanation. As a feature of the exchange, existing PE financial backers Kedaara Capital AIF 1 and Olza Holdings Ltd and IIFL have completely left their interest in Parksons and the advertiser Kejriwal family has sold a…
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