Multiple Block Deals News Today : Breaking News, Live Updates & Top Stories | Vimarsana

According to NSE block deal data, Silverview Portfolio Investments Pte Ltd, a KKR entity, sold 13.08 crore shares - or 4.85% - in Indus at ₹210.21 a piece, aggregating ₹2749.61 crore. CPPIB, in turn, sold its 5.76 crore shares - or 2.14% - in India's largest telecom tower company at Rs 212.15 a piece, aggregating ₹1223.46 crore. CPPIB still owns 0.05% in Indus.

Back in March 2017, a consortium of KKR and CPPIB had paid around Rs 6,194 crore for a 10.3% stake in Bharti Infratel, at Rs 325 apiece. Bharti Infratel subsequently merged into Indus Towers in end-2020, with the consortium getting a 6% stake in the combined entity. The two had since increased their combined holding to 7.04% - 4.85% for KKR and 2.19% for CPPIB.