TPG offloads Rs 1,505 cr stake in Sai Life via block deals; Norges Bank, MFs step in

TPG offloads Rs 1,505 cr stake in Sai Life via block deals; Norges Bank, MFs step in

Global investment firm TPG offloaded stake worth Rs 1,505 crore in Sai Life Sciences through block deals on Friday, paving the way for a host of marquee investors to step in, including Norges Bank and leading Indian mutual funds. TPG sold over 2 crore shares in two tranches at Rs 722 per share, a price … Read more