Big Moves in Block and Bulk Deals: Goldman Sachs, Sanofi, and JM Financial Make Headlines

Goldman Sachs India Equity Portfolio sold its entire 1.51% stake in Ideaforge Technology for Rs 42.7 crore at an average price of Rs 657.67 per share.

On the other hand, Citigroup Global Markets Mauritius acquired a 1.54% stake in the same company for Rs 656 per share. In a significant deal, Hoechst GMBH sold its 60.37% stake in Sanofi Consumer Healthcare India to Opella Healthcare for Rs 6,927.4 crore at Rs 4,982.05 per share. Meanwhile, JM Financial Asset Reconstruction Company offloaded a 0.55% stake in Nitco at Rs 92.06 per share.



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