block deal

Vedanta block deal: Big block deal in Vedanta. Is GQG buying stake from promoter?

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A day after it was reported that US-based GQG Partners is in talks to buy a stake in Vedanta, a big block deal in which more than 2% equity changed hands worth over Rs 2,600 crore was reported in the counter on Thursday. The final talks for a potential stake sale worth over $1 billion … Read more

Embassy Office Park shares fall 5% on Blackstone Group’s likely exit via block deal

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Share of Embassy Office Park REIT fell nearly 5% on Wednesday following a block deal where global private equity firm Blackstone Group was set to sell its entire stake on Wednesday, according to news reports. The shares however, pared their losses as the session proceeded and at 11:20 the Embassy Office was down by 0.22% … Read more