Jun 22, 2024, 10:51:01 AM IST 1/9 Wholesale stock deals: Two approaches Block and bulk deals are large transactions that are executed on stock exchanges. While block deals happen through a special trading window on the exchange that is not visible to all, bulk deals are done as part of the normal trading and can … Read more
Mumbai: Indian stock markets hit a milestone on Wednesday, executing block deals worth nearly ₹23,000 crore, the highest in a single day, largely on account of Vodafone Group’s sale of a stake in Indus Towers. In all, five major block deals were transacted, reflecting growing confidence among promoters, private equity funds and large institutional investors. … Read more
The Bhatia family, promoters of India’s largest airline IndiGo, is likely to to sell a 2% stake in the company on Tuesday for approximately ₹3,292.3 crore ($394 million) through a block deal, as per a term sheet reviewed by ET. This is the first time the Bhatia Family is selling their stake in InterGlobe Aviation … Read more
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
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
