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Block Deals | Goldman Sachs buys stake in Lemon Tree Hotels, KIMS Hospitals

Zaaba had owned 1,54,51,702 equity shares or a 1.95 percent stake in Lemon Tree Hotels as of September 2021.

January 03, 2022 / 22:56 IST
     
     
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    Foreign portfolio investor Goldman Sachs picked a marginal stake in Lemon Tree Hotels and KIMS Hospitals via block deals on the BSE on January 3.

    Goldman Sachs (Singapore) Pte.- ODI acquired 30,02,214 equity shares or 0.37 percent stake in Lemon Tree Hotels at Rs 46.6 per share; however, foreign portfolio investor Zaaba Pan Asia Master Fund was the seller in this block deal.

    Zaaba had owned 1,54,51,702 equity shares or a 1.95 percent stake in Lemon Tree Hotels as of September 2021.

    Further, Goldman Sachs (Singapore) Pte.- ODI also acquired 72,009 equity shares in Krishna Institute of Medical Sciences at Rs 1,425.65 per share. However, Zaaba Pan Asia Master Fund was the seller of these shares in a block deal.

    On the stock price front, Lemon Tree Hotels rallied 3.43 percent to close at Rs 48.20, while KIMS Hospitals was up 5.18 percent at Rs 1,498.25.

    Moneycontrol News
    first published: Jan 3, 2022 10:56 pm

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