Amazon.com NV Investment Holdings offloaded 43.95 Lakh shares of Shoppers Stop at INR 627.6 apiece
The shares that flooded the market were lapped up by Morgan Stanley Asia Singapore, 360 One, Kotak Mahindra Mutual Fund and Tata Mutual Fund
Amazon first announced the acquisition of a 5% minority, non-controlling stake in Shoppers Stop for INR 179.25 Cr in September 2017
Ecommerce major Amazon has exited Shoppers Stop by selling nearly 4% stake in the retail chain for INR 275.88 Cr via a block deal.
As per NSE data, Amazon.com NV Investment Holdings offloaded 43.95 Lakh shares of Shoppers Stop at INR 627.6 apiece on Wednesday (December 18). The shares that flooded the market were lapped up by Morgan Stanley Asia Singapore, 360 One, Kotak Mahindra Mutual Fund and Tata Mutual Fund.
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