Temasek sells Crompton Greaves Consumer Electricals shares worth Rs.750-Cr, registers 3.47x return
Temasek has sold shares of publicly listed Crompton Greaves Consumer Electricals fetching INR 750.75 crore. Post the sale, Temasek would hold a 2.74% stake in the company.
From the Venture Intelligence PE-VC Deal Database: In Apr 2015, Temasek had invested INR 700 Cr in Crompton Greaves Consumer Electricals, alongside Advent International (which made a complete exit from the company with 3.63x return on its investment in Jun 2021.)
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