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Capital Team's arm offers 5% stake in IT firm Mastek for Rs 475 crore Company Headlines

.2 min checked out Final Improved: Sep 04 2024|11:51 PM IST.Financial services provider Financing Group on Wednesday marketed a 5.6 per-cent risk in Mastek for over Rs 475 crore by means of competitive market purchases while ICICI Prudential Investment fund grabbed a concern in the IT solutions firm.Los Angeles-headquartered Funding Team via its affiliate EuroPacific Development Fund unloaded 17,19,117 portions, totaling up to a 5.6 per-cent risk in Mastek Ltd, according to the bulk offer information available on the BSE.The portions were disposed of at an ordinary cost of Rs 2,766.36 apiece, taking the transaction market value to Rs 475.57 crore.Patronus Tradetech also offered 217 portions of Mastek at Rs 2,845.23 per piece.ICICI Prudential Investment Fund, Ghisallo Expert Fund LP and Patronus Tradetech LLP got a total of 12.34 lakh reveals of Mastek in the rate variety differing coming from Rs 2,751-2,767.51 each, taking the consolidated deal market value to Rs 340.40 crore.Details of the buyers of Mastek's allotments could not be identified.Allotments of Mastek dropped 4.67 percent to end at Rs 2,769.70 each on the BSE.Recently, Mastek announced a calculated alliance with Onyx Health and wellness, an inventor in health care interoperability remedies.The collaboration aims to expedite the fostering of FHIR (Rapid Health Care Interoperability Assets) standards, steering improved records interoperability as well as better wellness results for clients, the business claimed.( Merely the title and also picture of this record might have been remodelled due to the Company Specification team the rest of the information is actually auto-generated coming from a syndicated feed.) 1st Posted: Sep 04 2024|11:51 PM IST.