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Apparel

Arisaig India acquires 2.36 percent additional stake in Trent

Arisaig India Fund has for the second time, acquired an additional 2.36 percent stake in Tata’s retail arm Trent. This takes the fund’s total stake in the company to 9.88 percent. As per sources, the deal amounts to Rs 116.2 crores as per Tuesday’s closing price of Rs 941.25. The PE investor picked 12 lakh shares of Trent that owns the Westside...

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Apparel

Arisaig India acquires stake in Trent

Arisaig India Fund bought 4.37 lakh shares of Tata group firm Trent. The investor purchased the shares for Rs 1,016 per piece amounting to a total of over Rs 44.44 crores. A large seller in the scrip was Birla Sun Life, which offloaded 1,86,972 shares for a price of Rs 1,017 a piece amounting to Rs 19.01 crores. Arisaig India Fund is a...

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