NEW DELHI: Carlyle Group on Friday divested practically a 2% stake in non-public sector lender Yes Bank for Rs 1,441 crore by an open market transaction.
US-based Carlyle Group, by its affiliate CA Basque Investments, offloaded shares in Yes Bank by a bulk deal on the NSE.
According to the information, CA Basque Investments offered 59.4 crore shares, amounting to a 1.98% stake in Yes Bank.The shares have been disposed of at a mean worth of Rs 24.27 apiece, taking the transaction worth to Rs 1,441.64 crore. After the stake sale, the Carlyle Group’s shareholding in Yes Bank has declined to 7.13% from 9.11%.
In Feb this 12 months, the Group pared a 1.3% stake in non-public sector lender Yes Bank for Rs 1,057 crore.
Meanwhile, Goldman Sachs (Singapore) purchased greater than 36.9 crore shares, representing a 1.23% stake in the Mumbai-based lender.
US-based Carlyle Group, by its affiliate CA Basque Investments, offloaded shares in Yes Bank by a bulk deal on the NSE.
According to the information, CA Basque Investments offered 59.4 crore shares, amounting to a 1.98% stake in Yes Bank.The shares have been disposed of at a mean worth of Rs 24.27 apiece, taking the transaction worth to Rs 1,441.64 crore. After the stake sale, the Carlyle Group’s shareholding in Yes Bank has declined to 7.13% from 9.11%.
In Feb this 12 months, the Group pared a 1.3% stake in non-public sector lender Yes Bank for Rs 1,057 crore.
Meanwhile, Goldman Sachs (Singapore) purchased greater than 36.9 crore shares, representing a 1.23% stake in the Mumbai-based lender.
