 "SBI Life Insurance, SBI Life")
Private equity (PE) major Carlyle on Friday sold 4.2 per cent in SBI Life Insurance Company. The share sale was done on BSE’s pre-market block window at Rs 960 per share.
CA Emerald Investments, an affiliate of Carlyle Asia Partners, sold a total of 4.23 million shares for Rs 4,061 crore, data provided by the exchange showed.
More than three dozen institutional investors were among the buyers. ICICI Prudential Mutual Fund picked up 9 million shares worth Rs 864.0 crore, while Aditya Birla Sun Life Mutual Fund and Government of Singapore 4.6 million and 3.5 million respectively.
