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GDF to sell entire 10% stake in Petronet LNG for up to $512 million

GDF will sell the shares in a price range of Rs 417-440 a share

Reuters  |  Mumbai 

GDF to sell entire 10% stake in Petronet LNG for up to $512 million

International will sell its entire 10 per cent stake in India's in block trades on Thursday for up to $512 million, according to a deal term sheet.

will sell the shares in a price range of Rs 417-440 a share, according to the term sheet.

The price range is a nil to 5.2 per cent discount to Petronet's Wednesday closing price of Rs 440.

and are the banks on the deal.

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GDF to sell entire 10% stake in Petronet LNG for up to $512 million

GDF will sell the shares in a price range of Rs 417-440 a share

GDF will sell the shares in a price range of Rs 417-440 a share

International will sell its entire 10 per cent stake in India's in block trades on Thursday for up to $512 million, according to a deal term sheet.

will sell the shares in a price range of Rs 417-440 a share, according to the term sheet.

The price range is a nil to 5.2 per cent discount to Petronet's Wednesday closing price of Rs 440.

and are the banks on the deal.

image
Business Standard
177 22

GDF to sell entire 10% stake in Petronet LNG for up to $512 million

GDF will sell the shares in a price range of Rs 417-440 a share

International will sell its entire 10 per cent stake in India's in block trades on Thursday for up to $512 million, according to a deal term sheet.

will sell the shares in a price range of Rs 417-440 a share, according to the term sheet.

The price range is a nil to 5.2 per cent discount to Petronet's Wednesday closing price of Rs 440.

and are the banks on the deal.

image
Business Standard
177 22