Government initiates GIC Re’s OFS to divest up to 5% stake; minimum price set at ₹352 per share.
On Monday (June 15), the Government of India initiated an Offer for Sale (OFS) involving state-owned reinsurer General Insurance Corporation…
China’s SAIC Plans to Divest Additional 10% Stake in Indian Automotive Joint Venture to Local Partner JSW: Report
SAIC Motor of China is set to divest an additional 10% stake in its Indian car manufacturing venture, JSW MG Motor, according to two sources…
GMR Airports’ stock drops as ADP announces plans to divest a stake valued at over $1 billion.
Shares of GMR Airports Ltd. are experiencing a decline on Friday, April 24, following Groupe ADP’s announcement regarding a phased stake…
Devyani International’s subsidiary to divest 51% ownership in Peanutbutter and Jelly to Heritage Foods.
Quick service restaurant chain operator Devyani International Ltd announced on Tuesday (December 30) that its subsidiary, Sky Gate Hospitality…
PB Fintech Founders Divest Shares Valued at ₹920 Crore; HDFC Life and ICICI Prudential Among Purchasers
On Thursday (June 26), the founders of PB Fintech Ltd, the parent entity of Policybazaar and Paisabazaar, divested a collective stake valued…
Suzlon Energy Share Transaction: Founders Aim to Divest 20 Crore Shares Valued at ₹1,300 Crore
Stakeholders of renewable energy solutions firm Suzlon Energy Ltd are reportedly planning to sell 20 crore shares through block deals, aiming…