Goldman to sell up to $123 million worth shares in Max Financial - term sheet | Reuters

MUMBAI Goldman Sachs will sell shares worth up to $123 million in India's Max Financial Services Ltd on Friday, according to a deal term sheet seen by Reuters.

Goldman will sell up to 3.74 percent stake in Max Financial in a block trade, the term sheet revealed.

The share sale's floor price has been set at 607 rupees apiece. Max Financial shares closed at 650.95 rupees on Thursday on the National Stock Exchange. (Reporting by Savio Shetty and S. Anuradha of IFR; Editing by Sherry Jacob-Phillips)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Apr 20, 2017 17:26 PM

Also Watch

It's A Wrap: Omerta star Rajkummar Rao in conversation with Parul Sharma
  • Thursday, April 26, 2018 In the Kanjarbhat community, a campaign against 'virginity tests' is slowly gaining ground
  • Thursday, April 19, 2018 Watch: National-level skater and coach Dhwanit Rele trains and nurtures budding athletes
  • Monday, May 14, 2018 FOMO Episode 1: Google Assistant, This is America, Sonam's wedding & Global Warming
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls

Also See