CAM Advises Goldman Sachs on Aditya Birla Lifestyle Brands Share Sale

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Cyril Amarchand Mangaldas provided advice to Goldman Sachs (India) Securities Private Limited (the Placement Agent) regarding Flipkart Investments Private Limited’s sale of 73,170,731 equity shares of Aditya Birla Lifestyle Brands Limited via the National Stock Exchange of India Limited and BSE Limited’s screen-based trading platform.

As part of the deal, the seller sold a 5.94% share for a total of around INR 951.21 crores.

Also read : Flipkart Investments Sells 6% Stake in Aditya Birla Lifestyle for Rs 998.4 Cr

Manshoor Nazki, Partner (Regional Co-Head – Capital Markets – South), headed the transaction team. Vishesh Jain (Associate) and Mansi Jhaveri (Principal Associate) provided assistance.

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