in response to large volume of transactions Olympus Capital Asia Investments offered Rs 450 crore, or 9 per cent stake, in Aster DM Healthcare in two tranches, in response to knowledge supplied by BSE.
The shares have been offered at a worth of Rs 340-340.13 per share, taking the transaction worth to Rs 1,530.08 crore.
After the completion of the newest transaction, Olympus Asia Capital’s shareholding in Aster DM Healthcare has been lowered from 10.1% to 1.1%.
In the meantime, Franklin Templeton Mutual Fund, the Singapore authorities and Morgan Stanley Asia Singapore subscribed a complete of Rs 124 crore of Aster DM Healthcare shares. The typical worth of those shares was Rs 340, taking the overall transaction measurement to Rs 423.31 million. Particulars of different patrons of Aster DM Healthcare shares couldn’t be ascertained. Shares of Aster DM Healthcare rose 2.78 per cent to shut at Rs 366.25 apiece on the BSE on Friday.
In March this 12 months, personal fairness agency Olympus Capital Asia on Wednesday divested 9.8% stake in Aster DM Healthcare for Rs 1,978 crore.
