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, a 5.94% stake, of Aditya Birla Lifestyle Brands Limited through a share sale on the BSE and NSE platforms for ₹951.21 crore.

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

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

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