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Capital Group's arm offers 5% stake in IT strong Mastek for Rs 475 crore Provider Updates

.2 minutes checked out Final Updated: Sep 04 2024|11:51 PM IST.Financial solutions firm Funding Team on Wednesday marketed a 5.6 percent concern in Mastek for over Rs 475 crore through free market deals while ICICI Prudential Stock fund picked up a stake in the IT services provider.Los Angeles-headquartered Funding Team through its own associate EuroPacific Growth Fund offloaded 17,19,117 reveals, totaling up to a 5.6 per cent risk in Mastek Ltd, according to the majority package records available on the BSE.The reveals were thrown away at an ordinary rate of Rs 2,766.36 apiece, taking the transaction value to Rs 475.57 crore.Patronus Tradetech additionally marketed 217 shares of Mastek at Rs 2,845.23 per piece.ICICI Prudential Mutual Fund, Ghisallo Expert Fund LP and Patronus Tradetech LLP got a total of 12.34 lakh allotments of Mastek in the rate array varying from Rs 2,751-2,767.51 each, taking the consolidated purchase worth to Rs 340.40 crore.Information of the buyers of Mastek's allotments can not be actually identified.Portions of Mastek decreased 4.67 per cent to end at Rs 2,769.70 each on the BSE.Recently, Mastek revealed a key relationship with Onyx Health, a trailblazer in healthcare interoperability solutions.The collaboration targets to speed up the adoption of FHIR (Quick Health Care Interoperability Assets) specifications, steering enriched records interoperability and also much better health and wellness end results for patients, the company mentioned.( Just the title and image of this file may have been remodelled by the Service Criterion staff the rest of the material is auto-generated from a syndicated feed.) 1st Posted: Sep 04 2024|11:51 PM IST.