Warburg Pincus front-runner for controlling stake in Ebco

Mumbai: Global private equity firm Warburg Pincus is the front-runner to acquire a controlling stake in furniture hardware maker Ebco, two people aware of the matter said. Promoters are planning to sell up to 74% stake in the Mumbai-based company for ₹3,500 crore. Geoffrey Nagpal and family, who own the company, may retain a minority … Read more