Lighthouse PE exits six-year-old bet, GIC steps in
Cera Sanitaryware makes wash basins, bath tubs and related items. Photo credit: Cera
Mid-market private equity firm Lighthouse Funds has exited its six-and-half year old investment in Cera Sanitaryware, in the second liquidity move this month after trimming its stake in Stylam Industries. Lighthouse sold its entire 2.3% stake in the sanitaryware company for Rs 133 crore on Friday. The PE firm had […]
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