CommercialLatest Stories

CLSA Sells 8.4 Lakh WeWork India Shares for ₹52 Crore

Global markets and asset management firm CLSA divested approximately 8.4 lakh shares in WeWork India Management through a bulk deal on Monday, with shares priced at Rs 618.55 each, totaling Rs 52 crore. The transaction was conducted via CLSA Global Markets Pte. LTD – ODI, reflecting a 1.6% discount from the previous Friday’s closing price of Rs 628.65 on the NSE. WeWork Management’s shares took a hit for the second consecutive day, closing at Rs 611.20, down Rs 17.45 or 2.8% from Friday’s closing figure. After debuting on Friday, the stock is now trading at 6% below its issue price…