As Warburg exits Bharti Telemedia, Airtel plans to buyback its stake

Warburg Pincus sold stakes in three companies in India in just a month, fetching the US private equity giant ₹2,500 crore ($345 million), even as the pandemic has slowed the overall pace of exits for buyout firms. Warburg Pincus carried out liquidity transactions in Bharti Telemedia Ltd, Gangavaram Port Ltd and Kalyan Jewellers India Ltd by selling fully or partly its investments in these companies.

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