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ADIA arm to sell 2.3% stake in Lenskart
MUMBAI: Platinum Jasmine A 2018 Trust, an investment arm of Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, is selling up to 4 crore shares of Lenskart Solutions, translating to about 2.3% of the company, at a floor price of Rs 486 per share. At the offer price, the ADIA group arm is set to get about Rs 1,944 crore (about $204 million) from this stake sale.
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economictimes.indiatimes.com
ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exit
Abu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 crore. This follows a significant stake sale…
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m.economictimes.com
ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block deal - The Economic Times
Abu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows SoftBank's recent Rs 2,873 crore share…
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timesofindia.indiatimes.com
ADIA arm to sell 2.3% stake in Lenskart
MUMBAI: Platinum Jasmine A 2018 Trust, an investment arm of Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, is selling up to 4 crore…
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Lenskart shares in focus as ADIA set to sell stake in Rs 1,944 crore block deal
Shares of Lenskart Solutions are set to be in focus as Abu Dhabi Investment Authority plans a block deal to sell up to 2.3% stake worth Rs 1,944 crore, shortly after SoftBanks…
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Goldman Sachs, Morgan Stanley and others buy stake in Rs 1,960 crore Lenskart block deal
ADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted strong participation from mutual funds,…