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Construction : Web Exclusive | August 2014 | Source : Construction Update

Matrix Partner sells 1.22 per cent stake in Muthoot Finance

Matrix Partners LLC has sold 4.85 million shares of its holding in Muthoot Finance for a consideration of Rs 836.9 million. The shares were sold in the open market amounting to 1.22% stake in the company at a unit price of Rs 172.53. The Indian arm of Matrix Partners LLC is Matrix Partners India, which is an investment firm having Rs 30 billion of funds under management. The firms provides seed investment for start ups.
 
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