PEP sells half of Veda stake

By Maggie Lu Yueyang

Pacific Equity Partners (PEP) is selling its shareholdings at Veda Group at $2. 15 per share on Thursday morning, after having engaging banks to sell half of its stake worth about $600 million, Data Room has found.

Block trades started to cross trading desks from 9:40am, with 269. 5 million of shares changed hands in about 9 minutes, trading sources told Data Room.

Read more here: Business Spectator


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