India: PE firm CX Partners looks to divest stake in Veeda through IPO

India: PE firm CX Partners looks to divest stake in Veeda through IPO

Photo: Reuters

Homegrown private equity (PE) firm CX Partners plans to sell part of its stake in Veeda Clinical Research Pvt. Ltd through an initial public offering (IPO) of 500-700 crore, two people aware of the development said on condition of anonymity.