BlackRock funds buy stake in Swan Energy via block deals worth ₹304 crore

Shares of Swan Energy Ltd. will be in focus on Tuesday after BlackRock, the world’s largest asset manager, acquired a stake in the company on Monday through block deals involving its funds.

According to available data, BlackRock Emerging Frontiers Master Fund Ltd. and BlackRock Global Funds India Fund acquired 0.78% and 0.58% stakes in Swan Energy, respectively.