“TPG, a global alternative asset firm, announced on Thursday that it has acquired a significant minority stake in R R Kabel Limited, one of the leading building wires and low-voltage cables manufacturers in India, the investor said in a statement. The PE firm is investing over Rs 6 billion, according to sources close to the deal,” reported [https://www.business-standard.com/article/companies/tpg-buys-minority-stake-in-wire-cable-maker-r-r-kabel-names-2-directors-118090600898\_1.html ].

AZB & Partners advised TPG Asia VII SF Pte. Ltd. led by a team of partners Harsh Maggon and lawyers Vasudha Asher, Himanshoo Tembe.

2018-07-07

Deal value: Rs 630 crore ($88m)

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