India Digest: Paragon Partners exits Maini Precision Products; Saudi said to be eyeing stake in IPL

India Digest: Paragon Partners exits Maini Precision Products; Saudi said to be eyeing stake in IPL

Sumeet Nindrajog, Co-founder and Senior Partner, Paragon Partners.

Paragon Partners has exited Maini Precision Products Ltd (MPPL) following the Raymond Group’s acquisition of a 59.25% stake in the manufacturer of precision products. Separately, Saudi Arabia has expressed interest in buying a multibillion-dollar stake in the Indian Premier League, Bloomberg reported.

Edited by: Pramod Mathew