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Tobias Rihs, the son of the late Swiss billionaire Andreas Rihs, has sold Sfr314.9m of shares in Sonova Holding, the Swiss maker of hearing aids, from the estate of his father.
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Shares in India-traded Hexaware Technologies plunged after an overnight block sale in the company last week that netted Rp11.2bn ($159.6m) for Baring Private Equity Asia.
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The Indian government is looking to pare its stakes in Housing and Urban Development Corp (Hudco) and NBCC to raise some Rp24bn ($342m) at their current prices.
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San Miguel Food & Beverage is gearing up for what is expected to be one of the largest stock sales out of southeast Asia in the second half of this year.
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The Indian arm of oil major Shell broke the quiet in Asia’s overnight block market this week by paring its stake in Mahanagar Gas for Rp11.8bn ($167.9m).
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Shell India subsidiary BG Asia Pacific Holdings is looking to raise at least Rp11.7bn ($169m) through a stake sale in Mahanagar Gas.