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Warburg to sell CleanMax stake

  • Date : 26/10/2020
  • Source : Livemint

Warburg Pincus Llc is exploring the sale of its stake in rooftop solar power company CleanMax, two people aware of the development said, adding the private equity firm may hire an investment banker soon. A potential deal could rank among the largest in India’s green energy segment, where transaction activity continues unabated despite the coronavirus pandemic.