Liquidity Events
TPG, Temasek pare 13% stake in eye care chain Dr Agarwals for Rs.2,008-Cr
TPG (via Hyperion Investments) and Temasek (Claymore Investments) have sold nearly 13% (4 crore shares) in Chennai-based eye care chain Dr Agarwals Health Care through the public market for about INR 2,008 crore. The shares were sold in the price range of INR 501.03 to INR 501.54 per share.Following the sale, Hyperion Investments reduced its holding in the company to 15.47% from 23.09%, while Claymore Investments reduced its stake to 5.17% from 10.19%.
Temasek and TPG Growth first invested in Dr. Agarwals Healthcare in Feb 2019 and May 2022 respectively. The company went public in Jan 2025, as part of which, Temasek and TPG Growth had made a part exit.
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