share sale News

Ant Group Plans Strategic Exit from Eternal with a $612 Million Share Sale

Ant Group announces exit from Eternal (formerly Zomato) by selling its 1.9% stake for $612 million, marking its second startup exit in India this week after Paytm. The deal reflect...

OpenAI Eyes $500 Billion Valuation in Groundbreaking Secondary Share Sale Talks

OpenAI is in talks for a secondary share sale that could value the company at $500 billion, a significant leap from its previous $300 billion valuation, with Thrive Capital among i...

NSDL IPO Unveiled: NSE and Major Banks to Sell 5 Crore Shares in a Landmark Offering

NSDL, India's leading depository, files for an IPO with a pure offer for sale of up to 5.01 crore shares by existing shareholders, including major banks and the NSE. The IPO is exp...

State Bank of India Set to Launch Record Rs 25,000 Crore Share Sale Next Week

State Bank of India is planning a Rs 25,000 crore share sale to institutional investors, potentially next week, aiming to set a new record in India's equity fundraising. Approved i...

Paytm's Stock Dives 5% Amid Ant Financial's Strategic 4.1% Stake Sale via Block Deal

Paytm's shares fell 5% as Ant Financial sold a 4.1% stake via a block deal, reducing its holding below 6%. The deal, worth approximately Rs 2,200 crore, reflects ongoing challenges...

BYD's Strategic Share Sale Sparks 7% Stock Plunge Amid Overseas Expansion Plans

BYD Auto Co., Ltd. has executed the largest share sale in Hong Kong in four years, raising approximately $5.6 billion. The funds are intended for overseas expansion, as the company...

BYD's Stock Plummets 7% Following Largest Share Sale in Hong Kong in Four Years

BYD Auto Co., Ltd. experienced a 7% stock drop after executing the largest share sale in Hong Kong in four years, selling 129.8 million shares to fund overseas expansion.

Ferrari Faces 7% Stock Plunge as Exor Initiates €3 Billion Share Sale

Ferrari NV's stock dropped 7% after Exor NV announced the sale of 7 million shares, raising concerns among investors about the company's ownership structure. Despite the sale, Exor...

Freshworks Founder Sells $40 Million in Shares: What Does This Mean for the Company?

Freshworks founder Girish Mathrubootham recently sold shares in the software-as-a-service company worth nearly $40 million, according to US SEC filings. Mathrubootham sold 2.5 mill...