ADIA Trust Sells Rs 1,960 Crore Lenskart Stake Via Block Deal
Abu Dhabi Sovereign Wealth Fund-Backed Investor Offloads 2.3% Stake Following SoftBank’s Partial Exit Lenskart has witnessed another major shareholder trim its stake as Platinum Jasmine A 2018 Trust, an investment vehicle backed by the Abu Dhabi Investment Authority (ADIA), sold a 2.3% stake in the eyewear retailer through block deals worth Rs 1,960 crore. According […]
SoftBank Sells ₹2,873 Crore Worth Of Lenskart Shares
What Stake Has SoftBank Sold? Japanese investment giant SoftBank has sold shares worth ₹2,873 crore in eyewear retailer Lenskart through a large block deal, continuing its gradual monetisation of its investment in the company. According to stock exchange data, SoftBank affiliate SVF II Lightbulb (Cayman) sold 5.65 crore shares, equivalent to around 3.25% of Lenskart’s […]