stake increase News

LIC Makes a Massive Investment: Pumps ₹5,000 Crore into SBI's ₹25,000 Crore QIP, Boosting Stake to 9.21%

LIC has significantly increased its stake in SBI to 9.21% by investing ₹5,000 crore in the bank's ₹25,000 crore QIP, which saw strong participation from both global and domestic in...

UniCredit Expands Influence with a 20% Stake in Commerzbank, Eyes Majority Control

UniCredit S.p.A. has converted part of its synthetic position in Commerzbank into a 20% physical share ownership, with plans to increase its stake to 29%. This strategic expansion,...

Ajay Singh Boosts SpiceJet Stake to 34% with Rs 294 Crore Investment

Ajay Singh, SpiceJet's founder, is increasing his stake to 33.5% by investing Rs 294 crore through Spice Healthcare, aiming to bolster the airline's financial health and growth pro...

Ajay Singh Boosts Stake in SpiceJet to 33.5%, Signaling Strong Confidence in Airline's Future

Ajay Singh is increasing his stake in SpiceJet from 29.1% to 33.5% by investing Rs 294.1 crore through Spice Healthcare Pvt Ltd. This strategic move, involving the conversion of wa...

UniCredit Achieves Milestone with ECB's Nod for 29.9% Commerzbank Stake

UniCredit S.p.A. has received ECB approval to increase its stake in Commerzbank to 29.9%, moving closer to a direct acquisition. Further approvals and discussions with the new Germ...

UniCredit's Strategic Move: Boosting Stake in Commerzbank to 28% with Ambitions for More

UniCredit boosts its stake in Commerzbank to 28%, aiming to reach 29.9%. The move, starting in September, has sparked takeover speculation. UniCredit holds 9.5% directly and 18.5% ...