Novartis AG to sell 71% stake in Indian subsidiary for ₹1,446 crore

WaveRise Investments will acquire 1,39,38,382 shares (56.45% stake) at ₹860.64 each; The second acquirer will buy 25,47,189 shares (10.32%) for ₹701.25 each, and the third will obtain 9,65,109 shares (3.91%) at the same price