Bessemer India Capital Holdings II may offload its entire 15.67% stake in Medi Assist Healthcare Services for over ₹560 crore in a block deal on the exchanges on Tuesday, according to a term sheet seen by ET. The investment firm, which is part of the promoter group, will sell 1.1 crore shares in the company, it said.
The deal may be executed at a floor price of ₹507 per share, a 4% discount to Monday’s closing price of ₹527.9.
Source: Economic Times