Liquidity Events
Bessemer sells 13.5 % stake in Medi Assist for Rs.581-Cr
Bessemer Venture Partners, through Bessemer India Capital Holdings II, has pared 13.5% stake (94,90,258 shares) in Medi Assist Healthcare Services for about INR 581 crore via open market transactions. The shares were sold at an average price of INR 611.70 apiece, taking the transaction value to INR 580.52 crore.These shares were purchased by Invesco Mutual Fund (MF), ICICI Prudential MF, HDFC MF, Aditya Birla Sun Life Insurance, Citigroup Global Markets Mauritius, Goldman Sachs, Morgan Stanley, Capital Group, SocGen and SBI Life Insurance.Bessemer's stake in Medi Assist has now come down to 15.72 % from 29.22 %.
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