Olympus Capital Buys 4.8 Percent in Karur Vysya for US$38.34 Million (Asia)

Source: VCCircle  |  Author: Madhav A. Chanchani

Asia-focused middle market private equity firm Olympus Capital Holdings Asia has acquired a 4.8 percent stake in India-based Karur Vysya Bank. The PIPE transaction is valued at approximately US$38.34 million. The stake was purchased through market transactions on the Bombay Stock Exchange and the National Stock Exchange of India.