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Dutch Pension Fund Sells Rs 55-Crore Stake in Crompton Greaves

Dutch Pension Fund Sells Rs 55-Crore Stake in Crompton Greaves
New Delhi: Dutch pension fund Stichting Pensioenfonds ABP on Friday offloaded stake worth Rs 55 crore in engineering conglomerate Crompton Greaves through open market transactions. According to the bulk deals data available with the National Stock Exchange (NSE), the fund sold 44,31,926 shares, or a 0.7 per cent stake, in the company for Rs 55.39 crore. The shares were sold at an average price of Rs 125 per piece. The buyers of the...
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