Cairn UK Holdings Limited, a unit of Cairn Energy is looking to sell 152.63 Mn Cairn India shares in a price range of R317.90 to R328.30 per share raising around $922Mn, according to WSJ.
This June, Cairn Energy raised $360 Mn by selling around 3.5% stake in Cairn India reducing its stake to 18.28%.
Last December, it completed its sale of a 58.5% stake in Cairn India to Vedanta Resources PLC and the mining company's units for $8.67 Bn.
Last month, Cairn Energy bought stake in Foum Draa block in Morocco for $60 Mn, and farm-in as an operator.
Credit Suisse bought around 0.60% stake in Housing Development and Infrastructure Limited (HDIL) through bulk deal on NSE.
Continuing its acquisition spree, Jasper Infotech operated ecommerce marketplace, Snapdeal, has acquired SaaS based warehousing solutions provider, Unicommerce, for an undisclosed amount.