Citigroup sold shares of Vodafone Idea for over Rs 233 crore
US-based Citigroup through its affiliate, Citigroup Global Markets Mauritius, offloaded shares of Vodafone Idea through a block deal on the BSE. Citigroup Global Markets Mauritius Pvt Ltd disposed of 19,04,25,000 shares of Vodafone Idea, as per the data on the BSE.
Financial services company Citigroup on Wednesday sold shares of telecom company Vodafone Idea for over Rs 233 crore through an open market transaction.
US-based Citigroup through its affiliate, Citigroup Global Markets Mauritius, offloaded shares of Vodafone Idea through a block deal on the BSE. Citigroup Global Markets Mauritius Pvt Ltd disposed of 19,04,25,000 shares of Vodafone Idea, as per the data on the BSE.
The shares were disposed of at an average price of Rs 12.27 apiece, taking the transaction value to Rs 233.65 crore. Meanwhile, Ghisallo Master Fund LP acquired the shares of Vodafone Idea at the same price.
On Wednesday, shares of Vodafone Idea jumped 2.67 per cent to close at Rs 12.71 per piece on the BSE.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Shark Tank India: This startup gets blank check offer as revenue soars 10 times in 15 months, resulted in clash between judges
Tata Steel share price target: Tata group stock in focus post-Q4 results, 360% dividend announcement; should you buy or wait?
EDLI Scheme: Do you know EPFO provides Rs 7 lakh insurance cover to every member? Know about calculation, contribution, and claim process
40,000 pension per month: How to get Rs 40,000 as pension every month by investing in NPS? Know the calculation
Top 5 large and mid cap SIP mutual funds in 5 Years: Rs 20,000 SIP in top fund has given a total of Rs 28.22 lakh
08:32 PM IST