British International Investment Plc has sold its entire 14.45 per cent stake in Rainbow Children's Medicare for an estimated Rs 1,078 crore through open market transactions. Those who picked up the shares of the company are foreign portfolio investors and domestic mutual fund.
According to the bulk deal data available with the National Stock Exchange (NSE), British International Investment Plc offloaded a total of 1,46,66,112 shares of the company. The shares were sold at an average price of Rs 735-Rs 735.55 apiece, taking the combined value of the transaction to Rs 1,078.48 crore.
Abu Dhabi Investment Authority, Government of Singapore, Stichting Depositary APG Emerging Markets Equity Pool, India Acorn ICAV - Ashoka India Opportunities Fund and ICICI Prudential Mutual Fund were the buyers of the shares.
Rainbow Children’s Medicare’s core specialties are pediatrics, which includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including multi organ transplants); and obstetrics and gynecology, which includes normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care.
Company Name | CMP |
---|---|
Aster DM Healthcare | 359.80 |
Apollo Hospital Ent. | 6052.90 |
Max Healthcare Inst | 811.40 |
Narayana Hrudayalay | 1303.30 |
Dr. Lal Pathlabs | 2782.00 |
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