ChrysCapital to buy 12% in Hathway Cable for $60 million

Private equity (PE) major ChrysCapital was close to picking up about 10-12 per cent stake in Hathway Cable owned by the Rajan Raheja group for $60 million, sources close to the development said.

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K Jayaraman, MD and CEO, Hathway Cable & Datacom, said, “It is very premature to talk about it right now. We haven’t finalised on the party so far.”