Sat, Nov 30, 2024 6:07 PM
NCLAT allows IL&FS to sell subsidiary IPRWL to successful bidder
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Bausch + Lomb said it authorized management and advisers to explore a potential sale of the eye health company after shares dropped over reports of faltering deal talks with a group of private equity firms. The company said a sale was “one of several options being explored to complete a full separation from Bausch Health Companies Inc.,” in a statement on Thursday.
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Domestic institutional investors (DIIs) net bought shares worth Rs 2,647 crore on December 12, while foreign institutional investors (FIIs) sold shares worth Rs 3,560 crore, provisional data from NSE showed. During the trading session, DIIs bought Rs 13,419 crore and sold shares worth Rs 10,772 crore, and FIIs purchased Rs 14,504 crore in shares while offloading equities worth Rs 18,064 crore.
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