stake sale News

Indian Government Announces Strategic Sale of 4.83% Stake in Mazagon Dock at Rs 2,525 Per Share

The Indian government is selling up to 4.83% stake in Mazagon Dock Shipbuilders at Rs 2,525 per share, aiming to raise around Rs 5,000 crore. The OFS opens for institutional invest...

KKR to Offload 10% Stake in JB Chemicals for Rs 2.6k Crore: A Strategic Move?

KKR, through Tau Investment Holdings, is selling a 10.2% stake in JB Chemicals for Rs 2,575 crore via block deals, at a 5% discount to the market price. This move could mark a sign...

BP Stock Soars 7% Amid Rumors of Strategic Stake Sale to Elliott

BP plc's stock surged 7% following rumors of a stake sale to Elliott Investment Management, hinting at dramatic changes. Amidst speculation, BP's recent announcement of global work...

FILA Group Sells 5% DOMS Stake for Rs 798 Crore: A Strategic Move?

Italian multinational FILA Group sold a 4.6% stake in DOMS Industries for Rs 798 crore, marking a strategic move in the open market. DOMS Industries, known for its stationery and a...

Paytm Shares Surge to 52-Week High Following Stake Sale in PayPay Corporation

Shares of One97 Communication, operating under the Paytm brand, surged over 3% to reach a 52-week high of Rs 1,007 on both BSE and NSE following the company's decision to divest it...