Stake sale
News and Trends
SoftBank Sells Entire Nvidia Stake for USD 5.8 Bn Ahead of New AI Investments
The company also revealed plans for a 4-for-1 stock split effective January 1.
News and Trends
Flipkart, Accel, Peak XV Exit Stakes in BlackBuck in Post-IPO Bulk Deals
Ecommerce major Flipkart, through its subsidiary Quick Routes International, exited its entire 9.01% stake in BlackBuck, fetching INR 672 crore via two bulk deals. Flipkart had already sold 3.9 million shares during BlackBuck's public listing late last year.
News and Trends
Hyundai and Kia Exit Ola Electric, Sell Stake for INR 690 Cr
The two auto giants, part of the same South Korean group, had invested USD 300 million in Ola Electric in 2019.
News and Trends
Elevation Capital Nets 25X Return From Ixigo Stake Sale
Despite the continued stake dilution, Elevation Capital still held a 14.02% stake in Ixigo as of March 31, 2024.