Carlyle Exits Newgen Knowledge Works

The Carlyle Group has exited its investment in Indian publishing services company Newgen Knowledge Works Pvt Ltd, Reuters reported. Terms of the deal were not released. Carlyle bought a majority stake in the company in 2004, and sold it to private equity funds Franklin Templeton Private Equity Strategy and Aureos South Asia Fund, and venture and growth capital fund ePlanet Capital, Reuters wrote.

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