stake sale News

Government Aims to Finalize IDBI Bank Stake Sale by FY26 End, Says Dipam Secretary

The Indian government is moving forward with the sale of its stake in IDBI Bank, aiming to shortlist a final bidder by the end of the financial year. The sale involves a 60.7% stak...

Ray Dalio Bids Farewell to Bridgewater: A New Chapter Begins as Brunei Steps In

Ray Dalio exits Bridgewater, selling his final stake and stepping down from the board. The Brunei Investment Agency acquires a significant share, marking a new era for the hedge fu...

Adani Group Secures Rs 11,000 Crore Deal for Exiting FMCG Venture with Wilmar International

Adani Enterprises completes its exit from the FMCG sector by selling its remaining 30.4% stake in AWL Agri Business to Wilmar International and institutional investors for Rs 11,08...

Exclusive: VIP Industries' Major Stake Sale - A New Era for the Luggage Giant

Private equity and investors consortium acquires 32% stake in VIP Industries from Dilip Piramal for Rs 1,763 crore, with an open offer for another 26%. Dilip Piramal reduces his st...

Antfin Sells 4% Stake in Paytm for Rs 2.1k Crore: A Strategic Move in India's Digital Payment Sector

Antfin is selling a 4% stake in Paytm for Rs 2,070 crore, part of a larger trend of stake sales in companies like Paytm, Aether Industries, and KFin Technologies, aiming to raise R...

Exclusive: Yes Bank Clarifies Stake Sale Discussions with SMBC Are Still in Early Stages

Yes Bank has clarified that discussions with potential investors like SMBC for a stake sale are preliminary, not warranting immediate disclosure. The bank emphasizes the speculativ...

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...