Samara, Norwest sell stake in RBL
Private equity firms Samara Capital and Norwest Venture Partners on Tuesday offloaded RBL Bank shares worth ₹495 crore through open market transactions. The central bank of Norway, Norges Bank, was among the buyers of the shares. It also manages the Government Pension Fund Global. According to bulk deal data available with the BSE, Norwest Venture Partners sold 60 lakh shares of RBL Bank at ₹515.04 apiece, valuing the transaction at ₹309.02 crore, while Samara offloaded 36.1 lakh shares at an average price of ₹515, valued at ₹185.91 crore.
Asian markets ended lower on Tuesday as the region was rattled by a ballistic missile launch by North Korea in which the projectile flew over Japan and fell into the Pacific Ocean AP