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June 8, 2025
Business

Ola Electric block deal: Citigroup buys shares worth Rs 435 crore; Hyundai Motor, KIA sellers



Citigroup acquired over 8.61 crore shares in Ola Electric for Rs 435 crore as Hyundai and Kia exited. The block deal triggered a sharp 8% drop in share price amid poor earnings.



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