PE funds put $500 million into two UPL units

Abu Dhabi Investment Authority (ADIA), Brookfield and TPG will acquire a 9.09% stake in UPL SAS-India Agtech Platform for ₹1,580 crore ($200 million) at a total valuation of ₹17,380 crore ($2.1 billion). UPL-SAS includes the India crop protection business SWAL, Adarsh Farm Services and the Nurture digital platform.

via Economictimes