Thursday, February 22, 2024
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HomeInvestmentPE firm Carlyle proposes to sell 2.53% stake in Delhivery

PE firm Carlyle proposes to sell 2.53% stake in Delhivery


Private equity firm Carlyle has proposed to sell a 2.53 per cent stake held in logistics firm Delhivery via its special purpose vehicle CA Swift Investments, according to a term sheet seen by Reuters on Thursday.

Carlyle plans to sell Delhivery’s shares at a floor price of ₹385.50 apiece, compared with the last close at ₹388.60 .

At the lower range, the total offer size is worth $86 million.




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