The Qatar Investment Authority, a West Asia-based sovereign investment fund, has acquired a 2.7 per cent stake in Adani Green Energy for $500 million. This acquisition took place on Monday through block deals. According to banking sources, the group plans to utilise the proceeds from this transaction to reduce its debt and fund other… Continue reading Qatar fund buys 2.7% stake in Adani Green for $500 mn via block deals
Tag: buys
One97 Communications shares jump nearly 7% as Sharma buys Paytm stake
Vijay Shekhar Sharma, Founder, Chairman & CEO – One97 Communications (Paytm) Shares of fintech firm One97 Communications jumped nearly 7 per cent on Monday, following news that its founder and CEO Vijay Shekhar Sharma will acquire 10.30 per cent stake in Paytm from Antfin (Netherlands) Holding BV, through an off-market transfer in a no-cash… Continue reading One97 Communications shares jump nearly 7% as Sharma buys Paytm stake
Paytm rallies 12% as Vijay Shekhar Sharma buys 10.3% stake from Antfin
Shares of One97 Communications, the parent entity of Indian mobile payments and financial services company Paytm, surged 12 per cent to Rs 887.55 on the BSE in Monday’s intra-day trade after founder and chief executive officer (CEO) Vijay Shekhar Sharma entered into an agreement with Antfin to purchase 10.3 per cent stake in Paytm through… Continue reading Paytm rallies 12% as Vijay Shekhar Sharma buys 10.3% stake from Antfin
Dwayne ‘The Rock’ Johnson buys UFC fighter new home after first win: ‘Your story moved me’
Dwayne “The Rock” Johnson surprised UFC fighter Themba Gorimbo with a home after being moved by the fighter’s story of having just $7 in his bank account before winning his first professional fight in May and sending the money to his village in Zimbabwe for a water well. Gorimbo’s story involves the loss of his… Continue reading Dwayne ‘The Rock’ Johnson buys UFC fighter new home after first win: ‘Your story moved me’
Societe Generale buys Bandhan Bank shares for Rs 382 cr at Rs 218.60 apiece
Financial services company Societe Generale on Monday bought shares of private lender Bandhan Bank for Rs 382 crore through open market transactions. According to the bulk deal data available with the BSE and National Stock Exchange (NSE), Societe Generale purchased 85.51 lakh shares on the BSE and 89.23 lakh shares on the NSE.… Continue reading Societe Generale buys Bandhan Bank shares for Rs 382 cr at Rs 218.60 apiece
Top News headlines, July 31: Walmart buys more stake in Flipkart, no-confidence motion
Walmart buys Tiger Global’s stake in e-com giant Flipkart for $1.4 billion Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on the Indian retailer and helping the money manager provide distributions to investors at a time when accessing liquidity is tough. The transaction, which took… Continue reading Top News headlines, July 31: Walmart buys more stake in Flipkart, no-confidence motion
Walmart buys Tiger Global’s stake in e-com giant Flipkart for $1.4 billion
By Hema Parmar Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on the Indian retailer and helping the money manager provide distributions to investors at a time when accessing liquidity is tough. The transaction, which took place in recent days, valued… Continue reading Walmart buys Tiger Global’s stake in e-com giant Flipkart for $1.4 billion
Walmart buys out $1.4 billion hedge fund Tiger Global’s stake in Flipkart
Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a letter by the hedge-fund to its investors. The transaction brings the value of the e-commerce firm to $35 billion from nearly $38 billion after it sold its… Continue reading Walmart buys out $1.4 billion hedge fund Tiger Global’s stake in Flipkart