Qualcomm exits Shadowfax with Rs 157 Cr stake sale
Qualcomm Asia Pacific Pte Ltd, an affiliate of the US-based chipmaker, sold 57.13 lakh shares, representing a 0.98% stake, at an average price of Rs 275.30 per share.
Via Entrackr
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"Qualcomm Ventures has sold Rs 157.28 crore worth of shares in logistics company Shadowfax Technologies through an open market transaction. Qualcomm Asia Pacific Pte Ltd, an affiliate of the US-based chipmaker, sold 57.13 lakh shares, representing a 0.98% stake, at an average price of Rs 275.30 per share, according to bulk deal data on the BSE. This follows another stake sale in August, when Qualcomm sold 75 lakh shares, representing a 1.28% stake, for Rs 183.85 crore at an average…
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