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Y Combinator sells Meesho shares worth Rs 970 crore in block deals; Morgan Stanley, Goldman Sachs, Citigroup among buyers
Y Combinator-linked entities sold 4.85 crore Meesho shares worth Rs 970 crore through block deals at Rs 200.01 apiece. Institutional buyers including Nippon India Mutual Fund, HDFC Life, Morgan Stanley, Goldman Sachs and Citigroup acquired significant stakes.
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newsbytesapp.com
Y Combinator to sell 1% stake in Meesho for ₹957cr
Y Combinator plans to offload up to 1.05% of its stake in Meesho for ₹957.5 crore, with a floor price set at ₹197.5 per share, sources revealed.
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thehindubusinessline.com
Meesho shares under pressure after 1% block deal worth ₹945 crore
Shares of Meesho were trading lower on Monday morning after a block deal worth ₹945 crore changed hands in the pre-open block deal session, adding to selling pressure on the stock.
