Citigroup sold shares of Vi for over Rs 2.33 billion

Citigroup has offloaded its shares of Vodafone Idea Limited (Vi) for over Rs 2.33 billion through an open market transaction.

According to the Bombay Stock Exchange (BSE), Citigroup through its affiliate, Citigroup Global Markets Mauritius, has offloaded shares of Vi through a block deal on the BSE.

Citigroup Global Markets Mauritius Private Limited has disposed of 19,04,25,000 shares of Vi. The shares were disposed of at an average price of Rs 12.27 apiece, taking the transaction value to Rs 2.33 billion. Meanwhile, Ghisallo Master Fund LP acquired the shares of Vi at the same price.