Warburg Pincus plans to sell $100-million worth stake in IDFC First Bank via block deal: Report
Warburg Pincus, through its affiliate Cloverdell Investment, is likely to sell 1.3% stake in the private sector lender, and the floor price for the same has been set at Rs 85.7 a share. The floor price is at a discount of up to 5.2% to the current market price.
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