Block deal on March 28: Goldman Sachs acquires HAL, Zomato shares worth ₹281 crore via open market
Banking and financial services major Goldman Sachs on Friday bought shares of state-owned Hindustan Aeronautics Ltd and Zomato worth ₹281 crore through open market transactions.
Goldman Sachs through its affiliate — Goldman Sachs (Singapore) — purchased 3.85 lakh shares of Bengaluru-based Hindustan Aeronautics Ltd (HAL), as per the block deal data on the BSE.
US-based Goldman Sachs also acquired 60.07 lakh scrips of online food delivery aggregator Zomato, the data showed.
The shares were picked up in the price range of ₹199.5-4,176.25 apiece, taking the combined deal value to ₹280.96 crore.
Meanwhile, Hong Kong-based asset management firm Kadensa Capital through its arm — Kadensa Master Fund — sold the same number of shares in HAL and Zomato at the same price.
On Friday, shares of HAL rose marginally to close at ₹4,176 apiece on the BSE. Zomato fell 2.07 per cent to settle at ₹201.50 per piece on the exchange.
