No Result
View All Result
  • Login
Sunday, May 11, 2025
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

aster dm healthcare bulk deal: Olympus Capital Asia divests 9% stake in Aster DM Healthcare for Rs 1,530 crore

by theadvisertimes.com
11 months ago
in Business
Reading Time: 1 min read
A A
0
aster dm healthcare bulk deal: Olympus Capital Asia divests 9% stake in Aster DM Healthcare for Rs 1,530 crore
Share on FacebookShare on TwitterShare on LInkedIn


New Delhi, Hong Kong-based Olympus Capital Asia on Friday divested a 9% stake in Hospital chain Aster DM Healthcare for Rs 1,530 crore through open market transactions. Investment firm Olympus Capital Asia, through its arm Olympus Capital Asia Investments, offloaded shares of Dubai-based Aster DM Healthcare on BSE.

According to the bulk deal data available with BSE, Olympus Capital Asia Investments sold 4.50 crore shares or a 9 per cent stake in Aster DM Healthcare in two tranches.

The shares were disposed of within the price range of Rs 340-340.13 apiece, taking the transaction value to Rs 1,530.08 crore.

After the latest transaction, the shareholding of Olympus Capital Asia in Aster DM Healthcare has declined to 1.1 per cent from 10.1 per cent.

Meanwhile, Franklin Templeton Mutual Fund, the Singapore government and Morgan Stanley Asia Singapore picked up a total of 1.24 crore shares of Aster DM Healthcare. The shares were purchased at an average price of Rs 340, taking the combined size of the transaction to Rs 423.31 crore. Details of the other buyers of Aster DM Healthcare shares could not be ascertained. On Friday, shares of Aster DM Healthcare rose 2.78 per cent to end at Rs 366.25 apiece on the BSE.

In March this year, Private equity firm Olympus Capital Asia on Wednesday divested a 9.8 per cent stake in Aster DM Healthcare for Rs 1,978 crore.



Source link

Tags: AsiaAsterbulkCapitalcroredealdivestshealthcareOlympusstake
ShareTweetShare
Previous Post

This ‘hated, under-owned’ stock is a ‘true AI winner’ says Mizuho By Investing.com

Next Post

Behavior of Crowds not Wisdom of Crowds

Related Posts

‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

by theadvisertimes.com
May 11, 2025
0

Bhutan, the small landlocked country wedged between India and China, is perhaps best known for “Gross National Happiness,” the alternate...

Toyota faces biggest hit from Trump tariffs among auto companies

Toyota faces biggest hit from Trump tariffs among auto companies

by theadvisertimes.com
May 11, 2025
0

Toyota Motor Corp. is the biggest carmaker in the world — and also the auto industry’s biggest loser when it...

Is VeriSign, Inc. (VRSN) the Best Stock to Buy According to Jim Simons’ Renaissance Technologies?

Is VeriSign, Inc. (VRSN) the Best Stock to Buy According to Jim Simons’ Renaissance Technologies?

by theadvisertimes.com
May 11, 2025
0

We recently published a list of 15 Best Stocks to Buy According to Jim Simons’ Renaissance Technologies In this article,...

U.S. says deal struck in tariff talks with China will help global trade deficit as White House signals reboot in relations

U.S. says deal struck in tariff talks with China will help global trade deficit as White House signals reboot in relations

by theadvisertimes.com
May 11, 2025
0

Tariff talks between the U.S. and China continued in Switzerland on Sunday, and while details have yet to come out,...

Trump’s trade war hits profits at Saudi oil giant

Trump’s trade war hits profits at Saudi oil giant

by theadvisertimes.com
May 11, 2025
0

Saudi Aramco’s profits over the first quarter of the year fell by 5pc to $26bn (£19.5bn) - Simon Dawson/Bloomberg Uncertainty...

Trump set to accept luxury jet as gift from Qatar, ABC says

Trump set to accept luxury jet as gift from Qatar, ABC says

by theadvisertimes.com
May 11, 2025
0

President Donald Trump’s administration is likely to accept a luxury Boeing 747-8 jumbo jet from Qatar’s royal family, in what...

Next Post
Behavior of Crowds not Wisdom of Crowds

Behavior of Crowds not Wisdom of Crowds

US lawsuit against TikTok to focus on childrens’ privacy By Reuters

US lawsuit against TikTok to focus on childrens' privacy By Reuters

  • Trending
  • Comments
  • Latest
Prytek buys control of Israel fintech co TipRanks

Prytek buys control of Israel fintech co TipRanks

August 15, 2024
How advisors can help investors prepare for the unknowns

How advisors can help investors prepare for the unknowns

May 5, 2025
Rocky Mountain Chocolate Factory outlines growth strategy By Investing.com

Rocky Mountain Chocolate Factory outlines growth strategy By Investing.com

July 16, 2024
Relationship tips for financial advisors to educate clients

Relationship tips for financial advisors to educate clients

May 6, 2025
How Does a Pre-Purchase Inspection for Cars Work?

How Does a Pre-Purchase Inspection for Cars Work?

April 23, 2025
The risks of investing in private equity

The risks of investing in private equity

May 8, 2025
‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

0
Beyond Meat (BYND) Q1 2025 net loss narrows; revenue down 9%

Beyond Meat (BYND) Q1 2025 net loss narrows; revenue down 9%

0
Canada Attempts To Loosens Reliance On US Trade

Canada Attempts To Loosens Reliance On US Trade

0
AI21 Labs raising 0m – report

AI21 Labs raising $300m – report

0
Crypto’s energy problem may have a DePIN solution

Crypto’s energy problem may have a DePIN solution

0
It’s a Wrap: U.S.-China Talks End With Signs of Progress

It’s a Wrap: U.S.-China Talks End With Signs of Progress

0
‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

May 11, 2025
It’s a Wrap: U.S.-China Talks End With Signs of Progress

It’s a Wrap: U.S.-China Talks End With Signs of Progress

May 11, 2025
Toyota faces biggest hit from Trump tariffs among auto companies

Toyota faces biggest hit from Trump tariffs among auto companies

May 11, 2025
Crypto’s energy problem may have a DePIN solution

Crypto’s energy problem may have a DePIN solution

May 11, 2025
Is VeriSign, Inc. (VRSN) the Best Stock to Buy According to Jim Simons’ Renaissance Technologies?

Is VeriSign, Inc. (VRSN) the Best Stock to Buy According to Jim Simons’ Renaissance Technologies?

May 11, 2025
Is Moby Premium Worth It? A 2025 Review of Features and Value

Is Moby Premium Worth It? A 2025 Review of Features and Value

May 11, 2025
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • ‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin
  • It’s a Wrap: U.S.-China Talks End With Signs of Progress
  • Toyota faces biggest hit from Trump tariffs among auto companies
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.