Flipkart exits Aditya Birla Lifestyle Brands in 950 crore block deal; CAM advises Goldman Sachs

Flipkart Exits Aditya Birla Lifestyle Brands in ₹950 Crore Block Deal

Flipkart Investments Private Limited has sold 73,170,731 equity shares, representing a 5.94% stake in Aditya Birla Lifestyle Brands Limited, through a share sale on the BSE and NSE platforms, for a reported ₹951.21 crore.

Cyril Amarchand Mangaldas advised Goldman Sachs, which acted as the placement agent for this transaction, led by Manshoor Nazki, with assistance from Mansi Jhaveri and Vishesh Jain.

The transaction was facilitated by Cyril Amarchand Mangaldas, with Goldman Sachs as the placement agent.

Author's summary: Flipkart exits Aditya Birla Lifestyle Brands.

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