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WARBURG BUYS 24% STAKE IN KALYAN JEWELLERS(Indian Business Insight Via Acquire Media NewsEdge) Warburg Pincus has invested Rs1,200 crore in Kerala-based Kalyan Jewellers to pick up a 24 percent stake in the company. This is Warburg's largest ever investment in India. The Competition Commission of India had approved the investment on 13 Oct 2014. The deal values Kalyan jewellers at Rs5,000 crore. |