Warburg sells six per cent stake in Gujarat Ambuja

Warburg sells six per cent stake in Gujarat Ambuja
Published: 20 December 2005

Warburg Pincus, through its investment units, sold a near six per cent stake in Gujarat Ambuja Cement Ltd. The deal was worth around INR6.5bn. The shares sold by the private equity fund were separately bought by T Rowe Price International and Capital Income Builder International.