A total of 95 lakh shares, representing 13.5% equity in Medi Assist Healthcare Services, valued at ₹580.5 crore, were traded at ₹612 per share in a block deal today in the pre-open block deal window. According to media reports, Bessemer was likely to sell a 13.5% stake in the company via block deals today.

According to the report, the block deal floor price was set at Rs 570 per share, which was at a 7.7% discount to the current market price. Furthermore, the remaining holdings of the seller will be locked-up for sale until July of next year.

TOPICS: Block Deal Medi Assist Healthcare