• About
  • Contact
Friday, July 4, 2025
No Result
View All Result
Londoner News
  • Home
  • London
  • Britain
  • Europe
  • America
  • International
  • Submit Article
  • Other
    • Health
    • Tech
    • Travel
    • Science
  • Home
  • London
  • Britain
  • Europe
  • America
  • International
  • Submit Article
  • Other
    • Health
    • Tech
    • Travel
    • Science
No Result
View All Result
Londoner News
No Result
View All Result
Home Markets

UBS Principal sells 5.44% stake in Fortis Healthcare for Rs 443 crore

by The Editor
May 3, 2018
in Markets
0
UBS Principal sells 5.44% stake in Fortis Healthcare for Rs 443 crore
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

UBS Principal Capital Asia today offloaded 5.44 per cent stake in Fortis Healthcare for over Rs 443 crore through an open market transaction.

According to bulk deal data available with the National Stock Exchange (NSE), UBS shed a total of 2,82,31,975 shares, amounting to 5.44 per cent stake, of Fortis.

The shares were sold on Rs 157 apiece, valuing the transaction at Rs 443.24 crore, the data showed.

Meanwhile, York Asian Opportunities Investments Master Fund, York Asian Strategic Meteric Master, York Multi-Strategy Master Fund together picked up 2,82,35,492 shares of Fortis.

Shares of Fortis closed at Rs 157.95 apiece on the NSE, down 0.6 per cent from the previous close.

Last week, Fortis had announced that its board will meet on May 10 to take a decision on the binding bids for the company as recommended by the expert advisory committee.

The company has received binding offers from four entities – KKR-backed Radiant Life Care, Malaysian major IHH Healthcare, Manipal/TPG consortium and Munjal and Burman family offices.

Original Article

[contf] [contfnew]

ET Markets

[contfnewc] [contfnewc]

The Editor

Next Post
High NPAs may restrict credit growth to 8% in FY19: Report

High NPAs may restrict credit growth to 8% in FY19: Report

Recommended

Did pro-EU Remain campaign break rules on Brexit referendum spending?

Did pro-EU Remain campaign break rules on Brexit referendum spending?

8 years ago
Govt Considers Sacking 28,000 Soldiers While Protected Foreign Aid Budget Flows to Jihadists

Govt Considers Sacking 28,000 Soldiers While Protected Foreign Aid Budget Flows to Jihadists

8 years ago

Popular News

    Connect with us

    About Us

    We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

    Category

    • America
    • Britain
    • Entertainment
    • Europe
    • Health
    • International
    • latest news
    • London
    • Markets
    • Science
    • Tech
    • Travel
    • Uncategorized
    • Women

    Site Links

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    • About
    • Contact

    © 2020 londonernews

    No Result
    View All Result
    • Home
    • Science
    • Travel
    • Tech
    • Health

    © 2020 londonernews