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Private Equity | 23 March 2012

Copthall Mauritius Acquires Additional Stake In LIC Housing

by Charmi Gutka
Copthall Mauritius Acquires Additional Stake In LIC Housing
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Copthall Mauritius Investment Ltd has acquired additional stake in LIC Housing Finance through open market transaction from CLSA (Mauritius).

According to block deal data available on the stock exchanges, Copthall Mauritius Investments purchased 16,039,061 shares of LIC Housing Finance for R255.35 a piece, valuing the transaction at R409.55Cr from the open market.

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UTI Ventures Divests its Shares in Ascent Capital

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