SingTel exits Far EasTone through $272 million block trade

Meanwhile, Rabobank offloads the majority of its stake in India's Yes Bank and last night a group of domestic shareholders were trying to raise as much as $800 million from the sale of shares in Malaysia's Bumi Armada.

SingTel exits Far EasTone through $272 million block trade

Singapore Telecommunications SingTel yesterday sold its entire stake in Taiwan telecom operator Far EasTone Telecommunications, raising NT$8.04 billion $272 million. The deal came after a strong run in the share price during the past six months and on a busy day for block trades in Asia.

Earlier in the day Rabobank trimmed its stake in India’s Yes Bank through a Rs45.3 billion $86 million transaction and last night a group of...

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