The Capital International Global Emerging Markets Private Equity Fund has sold a 3.9 per cent stake in Indian computer services provider MindTree.
The fund sold 1.52 million shares at INR540.02 ($11.13) each.
According to Bloomberg, 1.03 million of the shares were bought by the Franklin India High Growth Companies Fund, the Franklin India Taxshield Fund and the Franklin India Flexi Cap Fund.
Credit Agricole Asset Management purchased 200,000 shares in MindTree, the report said.
Capital International’s fund owned a 10.97 per cent stake in the company as of 30 June.
Source: Alt Assets