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Capital Group's arm offers 5% concern in IT firm Mastek for Rs 475 crore Provider Headlines

.2 min read Last Updated: Sep 04 2024|11:51 PM IST.Financial solutions firm Capital Group on Wednesday offered a 5.6 percent stake in Mastek for over Rs 475 crore via competitive market deals while ICICI Prudential Mutual Fund grabbed a stake in the IT services firm.Los Angeles-headquartered Financing Team via its associate EuroPacific Development Fund offloaded 17,19,117 allotments, amounting to a 5.6 per cent concern in Mastek Ltd, as per the majority package data on call on the BSE.The allotments were disposed of at an ordinary cost of Rs 2,766.36 apiece, taking the purchase worth to Rs 475.57 crore.Patronus Tradetech also sold 217 portions of Mastek at Rs 2,845.23 per item.ICICI Prudential Investment Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP obtained an overall of 12.34 lakh reveals of Mastek in the cost array differing coming from Rs 2,751-2,767.51 apiece, taking the combined purchase market value to Rs 340.40 crore.Particulars of the purchasers of Mastek's portions could certainly not be identified.Allotments of Mastek decreased 4.67 per-cent to end at Rs 2,769.70 each on the BSE.Last week, Mastek revealed an important relationship along with Onyx Wellness, a trailblazer in health care interoperability solutions.The cooperation intends to speed up the adoption of FHIR (Prompt Healthcare Interoperability Resources) requirements, driving boosted records interoperability and much better wellness end results for people, the provider said.( Simply the headline and picture of this report might have been modified by the Organization Requirement workers the rest of the content is auto-generated coming from a syndicated feed.) Initial Published: Sep 04 2024|11:51 PM IST.