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Advent International exits Crompton; sells entire 5.36% stake for Rs 1,348 cr

Advent International exits Crompton; sells entire 5.36% stake for Rs 1,348 cr
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Last Updated: Jun 09, 2021, 11:31 PM IST
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Synopsis
The shares were offloaded on an average price of Rs 400.4 apiece, valuing the transaction at Rs 1,348.06 crore, data showed.
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The shares were lapped up by over a dozen entities, including foreign investors, domestic mutual funds and insurance companies.
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Crompton Greaves Consumer Electricals for a little over Rs 1,348 crore through multiple open market transactions.
The shares were lapped up by over a dozen entities, including foreign investors, domestic mutual funds and insurance companies.
According to block deal data available with the BSE, Advent International Corp s Amalfiaco Ltd sold a total of 3,36,67,802 shares, amounting to a 5.36 per cent stake of Crompton. ....

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White Oak Capital delivers strong performance to clients globally

White Oak Capital delivers strong performance to clients globally
With its operations based across India, Singapore, Mauritius, UK, and Switzerland, White Oak has attracted among the largest Foreign Portfolio Investment inflows into India over the last three years.
Photo Credit : Shutterstock,
White Oak Capital is an investment management and advisory firm established by Mr. Prashant Khemka in June 2017, with the vision of building a performance-centric organization that has a strong investment culture. With its operations based across India, Singapore, Mauritius, UK, and Switzerland, White Oak has attracted among the largest Foreign Portfolio Investment inflows into India over the last three years. White Oak group entities collectively have Assets Under Management (AUM) of $3.8 billion with, a global client base that includes sovereign wealth funds, pension plans, endowments, individuals, and family offices investing into India through a combination of separately ma ....

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Now, A Matrimonial Site Just For Doctors As Matrimony.com Launches DoctorsMatrimony

Now, A Matrimonial Site Just For Doctors As Matrimony.com Launches DoctorsMatrimony
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

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