Reuters - Warburg Pincus Sells More of Moser Baer at Huge Loss

Warburg Pincus has sold almost half of its remaining stake in Delhi-based Moser Baer India, writes Reuters. The PE firm, which had pumped in over $200 million in public listed optical media products maker during 2000-04, has part-exited, having lost over 95 per cent of its investment value, as per VCCircle estimates, writes Reuters.

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