The Largest PE Exits Of 2011
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Kotak Mahindra

kotak, kotak mahindra, kotak mahindra finance, warburg pincusKotak Mahindra saw the exit of its investor Warburg Pincus. The deal was valued at $245 million and saw Warburg Pincus selling three to four percent of its stake in the bank. Kotak Mahindra was founded in 1985 as Kotak Mahindra Finance, with its headquarters in Mumbai. The PE firm sold its shares through its entities Madison and Melany Holdings. Warburg had earlier sold 2.28 percent if its stakes in June and July and its stake is now reduced to less than 6 percent from the initial 9.28 percent. The firm had invested in Kotak Mahindra in 2004.

 
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