Temasek Sheds 2.2% Stake In Selling Spree

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SUMMARY

This is the third large offlay by MacRitchie in its CarTrade stake in the past nine months

Year to date, CarTrade stock has zoomed over 160% and ended today’s trading session at INR 1,704.70

This bull run has allowed multiple CarTrade investors like Warburg Pincus, Goldman Sachs, Société Générale to sell their holdings

As shares of CarTrade continue to embark on an upward trajectory, its early backer MacRitchie Investments, a wholly owned subsidiary of Temasek, has sold 92,000 of its shares in the car marketplace…



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Temasek Sheds 2.2% Stake In Selling Spree


SUMMARY

This is the third large offlay by MacRitchie in its CarTrade stake in the past nine months

Year to date, CarTrade stock has zoomed over 160% and ended today’s trading session at INR 1,704.70

This bull run has allowed multiple CarTrade investors like Warburg Pincus, Goldman Sachs, Société Générale to sell their holdings

As shares of CarTrade continue to embark on an upward trajectory, its early backer MacRitchie Investments, a wholly owned subsidiary of Temasek, has sold 92,000 of its shares in the car marketplace…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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