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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek sells 8.54pct stake in Welspun Global

Posted on 23 October 2012

Singapore government’s sovereign fund Temasek Holdings has sold 8.54 per cent stake in Welspun Global Brands Ltd in the markets for an estimated Rs 3.5-4 crore. The fund held 9.85 per cent stake, which now leaves it with 1.31 per cent stake.
The shares of Welspun Global were last traded at Rs 43.4 on the Bombay Stock Exchange. Temasek sold the shares between Rs 38-43.5 per unit through its arms Dunearn Investments Mauritius and Baytree Investments Mauritius last week………………………………………..Full Article: Source


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