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Accel, 360 ONE offload 4.07% stake in BlueStone for Rs 513 Cr via bulk deals
Venture capital firm Accel and 360 ONE have sold a combined 4.07% stake in jewellery retailer BlueStone for around Rs 513 crore through bulk and block deals.
Via Entrackr
·Excerpt
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"Venture capital firm Accel and investment firm 360 ONE have sold a combined 4.07% stake in jewellery retailer BlueStone for around Rs 513 crore through bulk and block deals. According to BSE data, Accel India III (Mauritius) sold 28 lakh shares, representing a 1.84% stake, while funds managed by 360 ONE offloaded around 33.98 lakh shares, or a 2.23% stake. The shares were sold at Rs 827.60 per share, taking the total deal value to around Rs 513 crore. As…
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