SoftBank offloads Lenskart shares for Rs 2,888 crore, achieving 5.7x returns
- SoftBank sold Lenskart shares worth Rs 2,888 crore, its second major block sale since the lock-in period expired in May.
- In June, SoftBank divested a 3.25% stake in Lenskart for Rs 2,873 crore at Rs. 508.55 per share and now at Rs. 641.75 per share.
- It continues to own a 7.3% stake in the company currently valued around $850 million.
Source: economictimes.indiatimes.com
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