TPG to cut stake at RR Kabel via IPO, poised for 4x return on investment

TPG’s equity stake in RR Kabel will fall to 6 percent post IPO, from the 21 percent held earlier. The IPO mainly comprises an OFS for existing investors to sell stake, with a small fresh issue of shares.

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​ TPG’s equity stake in RR Kabel will fall to 6 percent post IPO, from the 21 percent held earlier. The IPO mainly comprises an OFS for existing investors to sell stake, with a small fresh issue of shares. TPG’s equity stake in RR Kabel will fall to 6 percent post IPO, from the 21 percent held earlier. The IPO mainly comprises an OFS for existing investors to sell stake, with a small fresh issue of shares.  Moneycontrol Latest News Read More