Temasek Holdings Unloads 8.54% of Welspun Global Brands
Singapore’s Temasek Holdings sold publicly-traded shares of Welspun Global Brands Ltd recently. The sovereign wealth fund sold an 8.54% stake through their sovereign wealth enterprises, Dunearn Investments (Mauritius) Pte Ltd and Baytree Investments (Mauritius) Pte Ltd.
Originally, Temasek Holdings held a 9.85% stake in the company.
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