PE firm Advent International Corp’s Amalfiaco sold 6.06% in CG Consumer Electricals for ₹1,492 crore in an open market transaction on Tuesday.

— Mint

J Sagar Associates (JSA) advised Advent International led by a team of partners Vikram Raghani and Bir Bahadur Sachar and senior associate Abhilash Chandra.

JSA and S&R Associates had acted on the previous divestment of $220m late last year.

2021-02-01

Deal value: Rs 1,492 cr

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