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Capital Group's arm offers 5% stake in IT solid Mastek for Rs 475 crore Provider Information

.2 min reviewed Last Upgraded: Sep 04 2024|11:51 PM IST.Financial services firm Funds Group on Wednesday sold a 5.6 percent concern in Mastek for over Rs 475 crore by means of competitive market transactions while ICICI Prudential Stock fund got a stake in the IT services company.Los Angeles-headquartered Financing Team by means of its own partner EuroPacific Growth Fund offloaded 17,19,117 portions, amounting to a 5.6 per-cent stake in Mastek Ltd, as per the mass package information readily available on the BSE.The reveals were thrown away at a normal rate of Rs 2,766.36 apiece, taking the purchase worth to Rs 475.57 crore.Patronus Tradetech likewise offered 217 reveals of Mastek at Rs 2,845.23 each part.ICICI Prudential Investment Fund, Ghisallo Expert Fund LP and also Patronus Tradetech LLP got a total amount of 12.34 lakh reveals of Mastek in the cost range varying coming from Rs 2,751-2,767.51 each, taking the mixed deal worth to Rs 340.40 crore.Information of the customers of Mastek's shares could certainly not be actually determined.Reveals of Mastek dropped 4.67 percent to end at Rs 2,769.70 apiece on the BSE.Last week, Mastek declared a strategic alliance with Onyx Health, a pioneer in health care interoperability solutions.The cooperation aims to expedite the fostering of FHIR (Prompt Medical Care Interoperability Resources) specifications, driving improved records interoperability and far better wellness end results for clients, the provider mentioned.( Just the headline and also photo of this record may have been remodelled due to the Business Criterion personnel the remainder of the web content is auto-generated from a syndicated feed.) Very First Posted: Sep 04 2024|11:51 PM IST.