TTA Linklaters Amarchand and Cleary Gottlieb lead on Blue Dart Express promoters stake sale

TTA Linklaters Amarchand and Cleary Gottlieb lead on Blue Dart Express promoters stake sale

Logistics Service provider Blue Dart Express’ promoter DHL Express (Singapore) sold 6.03% stake through offer for sale (OFS) route. The OFS constituted of an aggregate of 1.43 million equity shares of Rs.10 each of Blue Dart Express with a floor price of Rs. 1720 by the promoter. Citi acted as the stockbroker to undertake the OFS and drafted the share trade agreement.

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