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

Flipkart Investments Private Limited has made a sale of 73,170,731 equity shares (5.94 % stake) of Aditya Birla Lifestyle Brands Limited by way of a share sale on the screen-based trading platform of BSE Limited and NSE Limited, for a reported aggregate amount of ₹951.21 crore.

Cyril Amarchand Mangaldas advised Goldman Sachs (India) Securities Private Limited which acted as the placement agent on this transaction.

The transaction team was led by Manshoor Nazki (Partner, Regional Co-Head - Capital Markets - South); with assistance from Mansi Jhaveri (Principal Associate) and Vishesh Jain (Associate).

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.