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CPPIB buys 1.70 cr shares of Nykaa parent worth ₹299 cr
short by Bhawana Chaudhary / on Thursday, 17 November, 2022
Canada Pension Plan Investment Board (CPPIB) on Thursday bought over 1.70 crore shares of Nykaa's parent company FSN E-Commerce Ventures for ₹299 crore through an open market transaction. The shares were acquired at an average price of ₹175.25 apiece, taking the aggregate value to ₹299.35 crore. The company's lock-in period for pre-offer investors came to an end on November 10.
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